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Is Wall Street creating another U.S. housing market bubble?

Posted on 05 April 2013

Where there’s smoke there’s fire. When it comes to rising home prices, the question is whether the on-fire price increases are a healthy sign of a housing recovery or a smoke screen masking another investor-led real estate bubble. The answer is it’s both.
So, the real question is: are the two compatible and is the trend sustainable. The answer to that compound question is “yes” and “no,” in that order. On the surface, everything is coming up roses. According to closely followed real estate data provider CoreLogic, U.S. home prices jumped in February by the largest amount in seven years. They rose 10.2% compared to a year ago, and were up 0.5% from January to February………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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