My answers to burning questions about the housing boom and low inventory.
When is it going to end? That’s the question that gets asked in both booming and tanking markets. Thankfully we’re in a great market right now, but people want to know when the market’s going to shift. They want to know whether it will burst like a bubble, similar to 2008, or have a slow slide back down to normal.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:
0:11 — Introducing today’s topic
0:28 — Reflecting on the 2008 recession
1:11 — Housing demand data since 1959
2:40 — Housing demand after 2006
3:28 — The big question
4:24 — External factors
5:31 — This is not a bubble
5:51 — Wrapping up
If you have any other real estate questions, please reach out to me at (406) 253-7268. I’d love to give you some answers. Have a great day.