3 More Reasons the Housing Bubble May Be About to Pop Again
There’s no denying that the real estate market has bounced back. We’re several years into a recovery, with prices and buying activity well off post-crash lows. However, plenty of signs suggest that this red-hot revival will cool down sooner
rather than later. Here are three.
1. Young Americans Are Renting Instead of Buying
Owning a home is apparently no longer the American dream. Just 33 percent of the homes being sold these days are purchased by first-time homebuyers, according to the National Association of Realtors. This is the lowest rate in nearly three decades.
This article was featured in an edition of AAOA Today and was hand selected by our editors as a piece of interest for American Apartment Owners Association Members.
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