Found 2 blog entries tagged as Investors.

What Is A Housing Bubble?


A housing bubble means that there is an increase in demand but a decrease in supply. In this case, fewer houses are available compared to the number of people looking to buy.

What happens during a housing bubble?
When a housing bubble occurs, house prices increase significantly. The home that you thought was reasonably priced is now priced considerably higher.

Why does a housing bubble happen?
There are a few things that spark a housing bubble. However, all aspects will play a role in making the housing bubble happen. 

- The population increases significantly.
- Low interest rates to make homes more affordable or mortgage products that are extremely attractive to home buyers.
- Risk taking as a borrower.             …

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Is the time right to buy or sell?

Well. First off let me say that the time is right if it suits your needs. Such as growing family, looking to down size, need a getaway property. There are many reasons why the dollar value should not be the only consideration when buying a property. Although it is probably the main factor used in a home search. It is definitely not the most important. The needs of the individual or the family should be the driving factor. In most cases the same criteria can be found in a home that is a little older than a new home, and at a lower cost. Of course we all would like to have the brand new shiny home with all the latest bells and whistles, but we need to keep reality in the picture.

Sometimes its best to settle for the…

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