Today’s Home Prices Not a Housing Bubble!

Posted: May 5, 2015 | Source: www.floridarealtors.org

Median home prices have increased almost 8 percent per year since 2012, compared to 10 percent per year between 2002 and 2005. Realtor.com’s top economist, Jonathan Smoke, says these increases are corrections to the severe price declines during the real estate crash, not an indication of another housing bubble.