Is There a Real Estate Bubble That’s About to Pop?

Are we in a real estate bubble? If so, is that bubble about to pop? Let’s discuss this rumor.

Here’s what we know regarding the real estate bubble everyone has been talking about:

The market appreciated from 2009—which was the bottom of the market—to 2013. Today, we can see that the market has made a small increase from 2013, putting us as close to the top of the market as we’ve ever been.

We’ve heard what the economists and real estate experts have said about the bubble, but here’s the honest truth: We don’t know.

"We’ve heard what the economists and real estate experts have said about the bubble, but here’s the honest truth: We don’t know.”

What we do know by looking in the rear-view mirror is that the market jumped dramatically between 2009 and 2013, and then marginally between 2013 and 2018 (about 3.5%, depending on your local marketplace). Knowing that, we can predict that the market in the coming future will either plateau or begin to decrease.

One last thing to think about is that interest rates are still at an all-time low, which allows for housing to still be affordable in certain price ranges. Affordability, after all, is based on two things: price and interest rates.

If you’d like to know more or are in the market to buy or sell a home, reach out to me. I’d love to talk to you about the market and what options you have to enter it.

Dan Rochon

Dan Rochon is an Associate Broker in VA, Broker in MD; Operating Principal/ Owner of the Keller Williams Realty office in Alexandria - Kingstowne, VA; Owner of Rochon Investments, LLC; Owner and Co-founder of and Owner of other Joint Ventures as well as a real estate principles instructor at Moseley Real Estate Schools. 

As a real estate sales agent, Dan and his team are consistently top producers in their marketplace and provide solutions for their clients. Through their investing company, Dan and Traci Rochon have been investing in residential and commercial real estate ventures for more than the past decade.

Dan and his wife Traci are frequent speakers and are often quoted in media stories about the current real estate market. The Rochon's have been featured on The Nightly News with Brian Williams, The Today Show, CNBC, The Washington Post, The Washington Examiner, WTOP News, Voted as The Best of DC Real Estate Agent in the Washington City Paper Readers Poll, and more...