Many cities are experiencing housing bubbles. Some reasons include pent-up buying left over from the pandemic, or people who are nesting more since they are working remotely. In addition, many people are using real estate as a hedge against inflation. And some are just following jobs and lower state taxes.
When choosing your next home, it’s a good idea to first look at housing prices. Not only will they be a factor in your decision about where to move, but they can also tell you a lot about the desirability of these cities. Why are they booming right now? And what if the bubble bursts?
