Rick Sharga: We’re Not in a Housing Bubble

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US home prices have now officially surpassed their housing boom peak. Does that mean we are in another housing bubble? That’s a logical thing to assume, says Rick Sharga from Ten-X, the largest online real estate marketplace in the world, but there are a number of very important differences between now and then. Rick explains what those differences are, offers an update on their housing outlook, including when they expect home prices to decline, and then finishes by discussing segments of the US commercial real estate sector and areas of that market seeing pressure.

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Related links:
Fannie Mae: Home prices surpass housing boom peak
Case-Shiller: Housing is not repeating the bubble period
Commercial real estate properties weakening across the board

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About Cris Sheridan