Not a day (or even an hour!) goes by without someone asking if we’re in a housing bubble. It’s the number one question we get from agents, clients and the media alike and one we’ve been answering for literally 5 years as an endless series of doom and gloom pessimists have falsely called the top of the market… and been wrong every time.
The fact is, NO ONE knows when a market correction will occur. Keep in mind, the last upturn in our market lasted 17 years, from 1990 – 2007! Will this one last 17 years? Who knows. All we can do is look objectively at the data and do our best to interpret what we see.
That's why we asked Lonnie Glessner of NOVA Home Loans to join us because he put together some great data on the Denver housing market.
Visit https://www.DenverInvestmentRealEstate.com/Bubble for a summary of the podcast and some graphs.
Connect with Lonnie at (303) 881-6374, firstname.lastname@example.org