Hello and welcome to another edition of Mark's Market Update!
What is happening in the market now that the sun is out and the snow is away?
First, I would like to draw your attention to 2 valuable links: “search all homes” and estimated value of “How Much Your Home is Worth."
Now back to Mark's Market Update.
Back to what is happening, it is the same story we have a significant weakness in inventory, and a huge amount of pent up demand by buyers.
The 2 biggest questions are:
Do I think this is a bubble?
- No, I do not think this is a bubble. The reason this is much different from 2008, which was our last big bubble, was equity from sellers was significantly less.
- There was stated income for