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Welcome back dream makers, today we are asking the question: Are we in a housing bubble? We’ve talked about inventory a lot on this show, because it is low and that is a critical piece of housing. Today’s article from New York Post Today declares “Massive housing bubble about to burst in this US region, warns a real estate expert — see where.” This region includes south Texas and Florida. This article drums up fear that builders have built too much, but that just isn’t the case. If interest rates come down, competition is going to get tighter. We need a normal amount of inventory — about 6 months supply on the market to keep a good check on prices. Bottom line, there just isn’t enough properties available for homebuyers.

Listen in as we discuss this and more on Today in Mortgages!

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