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"The
Housing Bubble - Time Bomb or a Dud?"
Here's
how you can "read" the market's tell-tale
signs that
will signal a possible real estate crash . . .
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Dear
Concerned Real Estate Investor:
Do
you remember the high-tech NASDAQ bubble of 1999?
Looking
back at the steep rise the stock market took in the 1990’s, the
lesson we all learned – or should have learned – is that markets
can get ridiculously over-inflated then come
crashing down.
With the
spectacular climb we are now seeing in real estate prices, is this a
housing bubble that is getting ready to burst?
There’s no
question that U.S. housing prices have been booming lately.
Since 1995, the median priced home is up by 40 percent.
While a 40 percent rise may not appear to be frothy, don’t
be fooled. When
adjusted for inflation, this seven-year run-up in U.S. home prices
is the largest real gain ever recorded in history.
That’s why
Mark Zandi, chief economist at Economy.com warns us of a possible
real estate bubble: "The day
of reckoning will come. The
longer the housing boom lasts, the deeper the eventual downturn.”
The Coming Real
Estate Collapse?
Right
now, housing prices are rising far more rapidly than personal
incomes. The gap
between housing prices and what a home can be rented for is rapidly
widening as well. These are both ominous trends ... and history shows us that neither of these trends will go on
forever.
All
bubbles – including real estate bubbles – happen when the price
of an asset accelerates beyond its underlying
value. Then a
price correction is guaranteed.
Is
this a real estate bubble that will soon to be followed by a real
estate crash … or is real estate still the place
to be?
My
book Timing the Real Estate Market shows you how to “read” the
market’s future intentions with an accuracy that will amaze you.
A 21-year track-record with a 78% success rate is presented, and I
don't know if anyone else on the planet will ever be able to do
better than this.
I
urge you to read it.
CLICK
HERE to learn more.
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Sincerely,
Robert M. Campbell Author / Real Estate Advisor |
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