[:en]Is Another Bubble Forming?[:es]¿Se está formando otra burbuja?[:]

[:en]After the housing market bust we experienced across the country in 2008, many experts have been quick to warn that a new bubble may be forming in some areas.

One particular example of this is a recent article pointing toward the California Bay Area’s price gains over the last 18 months.

The quickest and easiest way to show how far we’ve come and how far we still need to go in regards to the ‘Peak’ is to share CoreLogic’s Price & Time Since Peak figures, used to create the map below.

CoreLogic Price & Time Since Peak | Simplifying The Market

Even with the high performance of prices in the Bay Area, the state of California as a whole is still -14.4% below their Peak, experienced in May of 2006.

The biggest challenge facing the housing market’s recovery right now is the lack of inventory available for sale. Prices are determined by supply and demand. Right now buyer demand is out-pacing seller supply, across many price ranges, driving prices up.

Bottom Line

Traditionally the Spring months have been the most popular dates sellers choose to list their homes. With additional inventory coming to market soon, meet with a professional in your local market to evaluate your best course of action.[:es]

Is Another Bubble Forming? | Keeping Current Matters

Después del colapso del mercado de la vivienda que hemos experimentado a través del país en 2008, muchos expertos han sido rápidos para advertir que una nueva burbuja se está formando en algunas áreas.

Un ejemplo en particular en cuanto a esto es un artículo reciente, señalando el aumento en los precios durante los últimos 18 meses en el área de la bahía de California.

La forma rápida y fácil de mostrar lo lejos que hemos llegado y que tan lejos necesitamos ir en cuanto a al ‘máximo’ es el compartir los precios de CoreLogic & el tiempo desde que se alcanzaron esas figuras máximas, que se utilizaron para crear el mapa de abajo.

CoreLogic Price & Time Since Peak | Simplifying The Market

Incluso con el alto desempeño de los precios en el área de la bahía, el estado de California en su conjunto aun esta -14.4 % por debajo del máximo, experimentado en mayo de 2006.

El mayor desafío al que se enfrenta la recuperación del mercado de la vivienda ahora es la falta de inventario disponible para la venta. Los precios se determinan por el suministro y la demanda. Ahora la demanda del comprador está superando el suministro del vendedor, a través de muchas gamas de precios, elevando los precios.

En conclusión

Tradicionalmente los meses de la primavera han sido las fechas más populares que los vendedores escogen para poner sus casas a la venta. Con inventario adicional llegando al mercado pronto, reúnase con un profesional en su mercado local para evaluar su mejor forma de actuar.

[:]

[:en]Is Another Bubble Forming?[:es]¿Se está formando otra burbuja?[:]



[:en]After the housing market bust we experienced across the country in 2008, many experts have been quick to warn that a new bubble may be forming in some areas. One particular example of this is a recent article pointing toward the California Bay Area’s price gains over the last 18 months. The quickest and easiest ...

Continue Reading

[:en]Is Another Bubble Forming?[:es]¿Se está formando otra burbuja?[:]



[:en]After the housing market bust we experienced across the country in 2008, many experts have been quick to warn that a new bubble may be forming in some areas.

One particular example of this is a recent article pointing toward the California Bay Area’s price gains over the last 18 months.

The quickest and easiest way to show how far we’ve come and how far we still need to go in regards to the ‘Peak’ is to share CoreLogic’s Price & Time Since Peak figures, used to create the map below.

CoreLogic Price & Time Since Peak | Simplifying The Market

Even with the high performance of prices in the Bay Area, the state of California as a whole is still -14.4% below their Peak, experienced in May of 2006.

The biggest challenge facing the housing market’s recovery right now is the lack of inventory available for sale. Prices are determined by supply and demand. Right now buyer demand is out-pacing seller supply, across many price ranges, driving prices up.

Bottom Line

Traditionally the Spring months have been the most popular dates sellers choose to list their homes. With additional inventory coming to market soon, meet with a professional in your local market to evaluate your best course of action.[:es]

Is Another Bubble Forming? | Keeping Current Matters

Después del colapso del mercado de la vivienda que hemos experimentado a través del país en 2008, muchos expertos han sido rápidos para advertir que una nueva burbuja se está formando en algunas áreas.

Un ejemplo en particular en cuanto a esto es un artículo reciente, señalando el aumento en los precios durante los últimos 18 meses en el área de la bahía de California.

La forma rápida y fácil de mostrar lo lejos que hemos llegado y que tan lejos necesitamos ir en cuanto a al ‘máximo’ es el compartir los precios de CoreLogic & el tiempo desde que se alcanzaron esas figuras máximas, que se utilizaron para crear el mapa de abajo.

CoreLogic Price & Time Since Peak | Simplifying The Market

Incluso con el alto desempeño de los precios en el área de la bahía, el estado de California en su conjunto aun esta -14.4 % por debajo del máximo, experimentado en mayo de 2006.

El mayor desafío al que se enfrenta la recuperación del mercado de la vivienda ahora es la falta de inventario disponible para la venta. Los precios se determinan por el suministro y la demanda. Ahora la demanda del comprador está superando el suministro del vendedor, a través de muchas gamas de precios, elevando los precios.

En conclusión

Tradicionalmente los meses de la primavera han sido las fechas más populares que los vendedores escogen para poner sus casas a la venta. Con inventario adicional llegando al mercado pronto, reúnase con un profesional en su mercado local para evaluar su mejor forma de actuar.

[:]

[:en]Is Another Bubble Forming?[:es]¿Se está formando otra burbuja?[:]



[:en]After the housing market bust we experienced across the country in 2008, many experts have been quick to warn that a new bubble may be forming in some areas. One particular example of this is a recent article pointing toward the California Bay Area’s price gains over the last 18 months. The quickest and easiest ...

Continue Reading
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.