The real estate market has become a lot more competitive than we expected.
It seems as though prices are rising faster than ever before, and investors are taking a much bigger bite out of the market than they did a few years ago.
The stock market is up more than 10 percent in 2017, and the median home price is $1.2 million.
And we’re talking about real estate.
The question of whether the industry will continue to grow and remain healthy is a very big one, because there is still a lot of work to do.
If the housing market continues to improve, and if home prices continue to rise at their current pace, the housing bubble will finally end.
In the meantime, the big question facing real estate investors is how to handle the uncertainty.
Will they sell, or will they wait for a better economic environment?
The stock and bond markets are currently in a tailspin.
The Federal Reserve is considering raising interest rates at least for the first time since the financial crisis, and there is a lot at stake.
In other words, investors need to take a look at the market as a whole.
But the big unknown for real estate is the outlook for the mortgage market.
This is one of the biggest drivers of home prices, and it’s the subject of the new book, The Bubble Economy.
This is the first in a series of three books I’m publishing to help readers understand the housing industry, which is why I’m bringing together the most important real estate quotes and research to give readers a clear understanding of what’s going on in the market.
Real Estate: The Next Big Boom?
by Michael C. Grunwald is published by Random House and is available at the Apple Store and on Amazon.