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Mission Realty Blog

Two Reasons Why Today’s Housing Market Isn’t a Bubble

Posted by Clayton Gits on Monday, June 27, 2022 at 3:28 PM By Clayton Gits / June 27, 2022 Comment

Two Reasons Why Today’s Housing Market Isn’t a Bubble

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below):

As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In...

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Posted by Clayton Gits on Thursday, June 23, 2022 at 1:51 PM By Clayton Gits / June 23, 2022 Comment

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):

“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.”

With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer costs can put a pinch on your...

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