We are definitely not in a housing bubble!


As home prices continue to rise across the U.S., the dreaded b-word is beginning to be heard in some overheated markets.

However, many companies insist that despite the 8.3 million low-income residents who can’t afford their local rent, according to a new study from the U.S. Department of Housing and Urban Development, the housing market is still not in a bubble.

The most recent Case-Shiller results pointed out the housing market is growing more expensive, however it is not about to repeat the bubble years.

Ten-X, an online real estate company, became the latest company to explain the housing market is not at risk of a bubble anytime soon, according to an article from Seeking Alpha. The chart below from Bloomberg shows home prices already passed up the 2005 and 2006 levels.

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Tami L Barber

NMLS #1030737

(423) 943-9269

Encore Lending Group LLC

NMLS #1249911

206 Wesley St, Johnson City TN 37601

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The information contained in this site has been prepared by an independent third party and is distributed for educational purposes only. This is designed to give helpful tips on the mortgage process and is not intended to give legal advice. Information is considered reliable but not guaranteed. This is not a prequalification, preapproval, loan approval or commitment to lend.