Is There a Real Estate Bubble?
Posted on November 1st, 2005 in Real Estate | No Comments »
The posting below is a copy of an article published in Boca/Delray Life Magazine in November of 2005.
Talk to several experts and you’ll get several different opinions. The answer depends on local market conditions, in other words supply and demand. Lets look at recent history and the factors that determine supply and demand. The surge in real estate began with the collapse of the stock market. Investors shifted money out of the stock market into safer real estate assets. As interest rates declined to record lows, interest in real estate grew. Adding fuel to the fire were low interest variable rate loans and new interest only loans.
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