Luxury Peak Forums - View Single Post - Is there a real estate "bubble" in the D.C.

Buggy · 12-12-2007, 05:20 AM

realty market? If so, has it burst? A real estate "Bubble" is the state in which home prices are highly inflated, and is characterised by a high proportion of investors buyers with the intent to "flip" thier invetments in a short time. This causes homes to spiral out of reach to many buyers.

12-12-2007, 05:20 AM	#1 (permalink)
Buggy Junior Member Buggy is offline Join Date: Dec 2007 Posts: 1	Is there a real estate "bubble" in the D.C. realty market? If so, has it burst? A real estate "Bubble" is the state in which home prices are highly inflated, and is characterised by a high proportion of investors buyers with the intent to "flip" thier invetments in a short time. This causes homes to spiral out of reach to many buyers.