Valley News -

By Barbie Bennet
Special to Valley News 

Learn the anatomy of a housing 'bubble'


Last updated 9/14/2018 at 3:04am

Homeownership continues to prove to be the best investment toward building personal wealth and financial stability. Equity is steadily growing, giving sellers the chance to get the most for their home.

Many potential sellers see the asking price of their neighbors’ home and get excited; however, with no guidance it’s like watching a dust devil manifest. New listings hit the market with unjustified asking prices “pushing the envelope” as to how much they can get for their home. Those prices are used to set asking price for newer listings, and so the bubble begins.

At the same time,...

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