We’re NOT in a housing bubble? | This is Real Estate 2022

I hope by now you are reading the data that's showing we are not in a housing bubble. The market is going back to normal in some areas that saw a lot of movement during COVID around the United States in 2022, but in other areas that saw similar movement, it's still going up. There isn't enough inventory in the real estate market as a whole, and that crunch can rise if the builders stop building what they have planned. 

Let's go over the rise in rents, inventory, Zillow data, and the housing market in this run down for May 2022.

Fortune Magazine article on Zillow and data about the market in 2022 https://fortune.com/2022/05/13/housing-market-not-a-housing-bubble-says-zillow/

Zillow Data https://www.zillow.com/research/housing-market-inflection-31005/

FRED data on active listings https://fred.stlouisfed.org/series/ACTLISCOUUS

 

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