{"id":2118,"date":"2018-03-08T11:00:25","date_gmt":"2018-03-08T11:00:25","guid":{"rendered":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/"},"modified":"2018-03-08T11:00:25","modified_gmt":"2018-03-08T11:00:25","slug":"a-new-housing-bubble-formingnot-before-2024","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/","title":{"rendered":"A New Housing Bubble Forming\u2026Not Before 2024!"},"content":{"rendered":"<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"648\" height=\"354\" src=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/06171334\/20180308-Share-STM.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"A New Housing Bubble Forming\u2026Not Before 2024! | Simplifying The Market\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" srcset=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/06171334\/20180308-Share-STM.jpg 750w, http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/06171334\/20180308-Share-STM-549x300.jpg 549w\" sizes=\"(max-width: 648px) 100vw, 648px\"><\/p>\n<p>A recent <a href=\"http:\/\/www.corelogic.com\/insights\/corelogic-special-report.aspx\">report<\/a> by <em>CoreLogic<\/em> revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing \u201cboom &#038; bust\u201d like the one we experienced from 2006-2008.<span id=\"more-37167\"><\/span><\/p>\n<p>Recently, several housing experts weighed in on the subject to alleviate these fears.<\/p>\n<h4><strong>Sean Becketti, <em>Freddie Mac Chief Economist<\/em> <\/strong><\/h4>\n<blockquote>\n<p><em>\u00a0\u201cThe evidence indicates there currently is no house price bubble in the U.S., despite the rapid increase of house prices over the last five years.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>Edward Golding, a <em>Senior Fellow<\/em> at the <em>Urban Institute\u2019s Housing Finance Policy Center<\/em><\/strong><\/h4>\n<blockquote>\n<p><em>\u00a0\u201cThere is not likely to be a national bubble in the way that we saw the first decade of the century.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>Christopher Thornberg, <em>Partner <\/em>at<em> Beacon Economics<\/em><\/strong><\/h4>\n<blockquote>\n<p><em>\u00a0\u201cThere is no direct or indirect sign of any kind of bubble.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>Bill McBride, Calculated Risk<\/strong><\/h4>\n<blockquote>\n<p><em>\u00a0\u201cI wouldn\u2019t call house prices a bubble.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>David M. Blitzer, <em>Chairman <\/em>of the<em> Index Committee<\/em> at <em>S&#038;P Dow Jones Indices<\/em><\/strong><\/h4>\n<blockquote>\n<p><em>\u00a0\u201cHousing is not repeating the bubble period of 2000-2006.\u201d<\/em><\/p>\n<\/blockquote>\n<p>A recent article by Teo Nicolais, a real estate entrepreneur who teaches courses on real estate principles, markets, and finance at <em>Harvard Extension School<\/em> concluded that the next housing bubble may not occur until 2024.<\/p>\n<p>The article<em>, <\/em><a href=\"https:\/\/www.extension.harvard.edu\/inside-extension\/how-use-real-estate-trends-predict-next-housing-bubble\"><em>How to Use Real Estate Trends to Predict the Next Housing Bubble<\/em><\/a>, looks at previous peaks in real estate values going all the way back to 1818. Nicolais uses the research of several economists. The article details the four phases of a real estate cycle and what defines each phase.<\/p>\n<p>Nicolais concluded his article by saying:<\/p>\n<blockquote>\n<p><em>\u201cThose who study the financial crisis of 2008 will (we hope) always be weary of the next major crash. If George, Harrison, and Foldvary are right, however, that won\u2019t happen until after the next peak around 2024.\u00a0 <\/em><\/p>\n<p><em>Between now and then, aside from the occasional slow down and inevitable market hiccups, the real estate industry is likely to enjoy a long period of expansion.\u201d<\/em><\/p>\n<\/blockquote>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>The reason for the price appreciation we are seeing is an imbalance between supply and demand for housing. This has created a natural increase in values, not a bubble in prices.<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing \u201cboom &#038; bust\u201d like the one we experienced from 2006-2008. Recently, several housing experts weighed in on the subject [&hellip;]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[99,100,102],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing \u201cboom &#038; bust\u201d like the one we experienced from 2006-2008. Recently, several housing experts weighed in on the subject [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-08T11:00:25+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/06171334\/20180308-Share-STM.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"A New Housing Bubble Forming\u2026Not Before 2024!\",\"datePublished\":\"2018-03-08T11:00:25+00:00\",\"dateModified\":\"2018-03-08T11:00:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\"},\"wordCount\":375,\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"articleSection\":[\"For Buyers\",\"For Sellers\",\"Housing Market Updates\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\",\"url\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\",\"name\":\"A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/#website\"},\"datePublished\":\"2018-03-08T11:00:25+00:00\",\"dateModified\":\"2018-03-08T11:00:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thezakariagroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A New Housing Bubble Forming\u2026Not Before 2024!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thezakariagroup.com\/#website\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"name\":\"The Zakaria Group\",\"description\":\"The Zakaria Group\",\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"alternateName\":\"TZG, MLS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thezakariagroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thezakariagroup.com\/#organization\",\"name\":\"The Zakaria Group\",\"alternateName\":\"TZG\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"contentUrl\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"width\":400,\"height\":173,\"caption\":\"The Zakaria Group\"},\"image\":{\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thezakariagroup\/\",\"https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw\",\"https:\/\/www.instagram.com\/thezakariagroup\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\",\"name\":\"\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\"},\"url\":\"https:\/\/thezakariagroup.com\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/","og_locale":"en_US","og_type":"article","og_title":"A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group","og_description":"A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing \u201cboom &#038; bust\u201d like the one we experienced from 2006-2008. Recently, several housing experts weighed in on the subject [&hellip;]","og_url":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/","og_site_name":"The Zakaria Group","article_publisher":"https:\/\/www.facebook.com\/thezakariagroup\/","article_published_time":"2018-03-08T11:00:25+00:00","og_image":[{"url":"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/06171334\/20180308-Share-STM.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#article","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/"},"author":{"name":"","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d"},"headline":"A New Housing Bubble Forming\u2026Not Before 2024!","datePublished":"2018-03-08T11:00:25+00:00","dateModified":"2018-03-08T11:00:25+00:00","mainEntityOfPage":{"@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/"},"wordCount":375,"publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"articleSection":["For Buyers","For Sellers","Housing Market Updates"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/","url":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/","name":"A New Housing Bubble Forming\u2026Not Before 2024! - The Zakaria Group","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/#website"},"datePublished":"2018-03-08T11:00:25+00:00","dateModified":"2018-03-08T11:00:25+00:00","breadcrumb":{"@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thezakariagroup.com\/a-new-housing-bubble-formingnot-before-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thezakariagroup.com\/"},{"@type":"ListItem","position":2,"name":"A New Housing Bubble Forming\u2026Not Before 2024!"}]},{"@type":"WebSite","@id":"https:\/\/thezakariagroup.com\/#website","url":"https:\/\/thezakariagroup.com\/","name":"The Zakaria Group","description":"The Zakaria Group","publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"alternateName":"TZG, MLS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thezakariagroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/thezakariagroup.com\/#organization","name":"The Zakaria Group","alternateName":"TZG","url":"https:\/\/thezakariagroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","contentUrl":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","width":400,"height":173,"caption":"The Zakaria Group"},"image":{"@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thezakariagroup\/","https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw","https:\/\/www.instagram.com\/thezakariagroup\/"]},{"@type":"Person","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d","name":"","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g"},"url":"https:\/\/thezakariagroup.com\/author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/2118"}],"collection":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/users\/101010"}],"replies":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/comments?post=2118"}],"version-history":[{"count":0,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/2118\/revisions"}],"wp:attachment":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/media?parent=2118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/categories?post=2118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/tags?post=2118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}