CASSEL NEWS: Are We Entering Another Housing Bubble in the SF Bay - TopicsExpress

CASSEL NEWS: Are We Entering Another Housing Bubble in the SF Bay Area? A real estate bubble occurs when prices skyrocket due to overly optimistic speculation that the market’s prices will keep rising. But when consumers cannot afford to keep up, the bubble inevitably bursts: demand then plummets, inventory goes up, and prices decrease dramatically in response. When prices leveled after the last housing bubble burst, millions of people defaulted on their mortgages therefore causing the greatest...CONT. READING>>ow.ly/wqLQf Anthony Cassel, Realtor® | CalBRE #01475854, Alameda/Piedmont/Oakland/Berkeley, 415.310.0066 c, 510.339.4562 o, anthony.cassel@sothebysrealty

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