Are We in a Bubble? Will the Real Estate Market Crash?
In the blistering hot market of early 2021, James contemplates whether we are in a real estate bubble or not using recent market statistics primarily for Denver, Colorado. In this short market stats class you’ll learn about: Denver Metro Price Appreciation and Denver Metro Per Capita Income charts 30 year mortgage trend and average mortgage payment Mortgage payment as percentage of per capita income Projections for the next 5 years for the charts above How sales mix impacts average price Relationship between price and non-owner-occupant properties The correlation between Denver metro home sales volume and mortgage interest rates Duration: 23 … Read more
