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What's Your Home Worth

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

April 23, 2021 By Tom Johnson

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] | MyKCM

Some Highlights:

  • In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
  • When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
  • Today’s housing market is healthy, and rising prices are driven by real buyer demand. Let’s connect to talk about the best ways to navigate such an energetic market.

__________________________________________________________________________________________

Tom Johnson is an experienced and award-winning Realtor with Your Castle Real Estate serving the Great Denver/Aurora Metro Area and Buckley Space Force Base.

As a Residential Specialist and VA Loan Expert he is happy to assist you in purchasing a new home, selling your current home, or simply answering your real estate questions.

Tom Johnson, Realtor – MBA, CRS, MRP

Call or text to (303) 856-6185 or email: tomjohnson@yourcastle.org

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