Top

Sell Now!: The End of the Housing Bubble

November 30, 2010

Sell Now!Home prices are seriously overvalued in many regions of the United States. The question is no longer if, but rather how far, home prices will fall and over what time frame this bubble will deflate. Home values have been escalating in real terms since 1981, the year nominal interest rates last peaked. And the greatest price increases in percentage terms have been in the wealthiest and most exclusive cities in the world.

Sell Now! analyses the evidence and offers clear explanations of these perplexing issues. Overly aggressive mortgage lenders have fueled this overheated market by extending too much credit to home buyers and by offering ever-more exotic forms of mortgages. Many home buyers have been caught in a never-ending race to achieve status, often overpaying for homes in the “right” neighborhoods. And people’s pursuit of easy profits has pushed prices to unsustainable levels.

Finally, there is a reasoned analysis that not only explains how home prices got this high, but why they are sure to fall and by what amount. Sell Now! debunks many theories that purport to show that home prices are either reasonable or are sustainable at their
current high levels.

How bad can it get? Unlike previous home-price declines, this cycle has the potential to be not only national, but international in scope. The national economy, so dependent on the housing, mortgage, real estate, banking, and construction industries for growth, is at risk and the entire banking system might come under fire.

You owe it to yourself to become better informed about the possible impact on you, your family and your most important asset—your home.

Filed Under: Articles · Tags: , ,

Comments

3 Responses to “Sell Now!: The End of the Housing Bubble”

  1. Orlando on December 3rd, 2010 8:08 pm

    I agree with what you’re saying. In the Central Florida market my company has three large brokerages and we’re seeing homes price level out.

  2. short sales on December 6th, 2010 8:45 am

    we are seeing homes price level out.

    7 mistakes home owners make when deciding to do a loan modification or short sale their home

  3. home rent on December 11th, 2010 10:06 pm

    you are right , we should really sell it when the price is right at the top of the bubble

Got something to say?

You must be logged in to post a comment.

Bottom