what is a real estate bubble?

Answer 1

when values go up rapidly for a period of time. like recently (especially in california). eventually the bubble will burst and values will drop. like they are starting to do now (especially in california)

Answer 2

When people refer to a real estate bubble they are theorizing that housing prices are over-inflated(like a bubble). Talk of a bubble is usually followed by talk of when the bubble will burst meaning a when the market will correct downward to reflect where price should be.

Answer 3

Where realtors and loan officers whine, whimper and ***** that it's no more steak and lobster, but Top Roman and day old bread. There is now too many of "these" people fighting for what few buyers there are in the market for a new home. This is the time when veteran realtors who know the market will keep their jobs and the newbie's who suck get the boot.

This is also the time when you see your next door neighbors house get foreclosed on because every year he was pull out equity to buy toys and his or her job was based on the housing market (example construction) It's a good time to buy a home, bit not yet wait until a lot of houses get foreclosed on in your area.

Answer 4

the the market become extremely saturated (with buyers or sellers) and eventually pops and then the reverse happens. In real estate it could be a buyers market and everyone is buying houses like crazy because they are really cheap. A paradigm shift of some sort will ensue and houses will eventually become expensive--with quite lower demand.

Answer 5

Michael Bolton

Answer 6

It relates to how high house prices will go until they level off

Answer 7

Its a myth