If you’d like you can read how we were right, below!\u00a0<\/span><\/p>\n The Jarvis Team doesn’t see this as a bubble. \u00a0Atlanta never had the run up on prices that the other places did and the fall we experiences wasn’t a housing bubble as a result of inflated prices. \u00a0 The prices did go up artificially but not because of over demand, the price increased and fell due to the secondary loan market giving loans to home owners who were not financially able to support the homes they were qualified for.<\/p>\n What you need to know about Real Estate Bubble 2013: Atlanta <\/strong><\/p>\n Every year there is what I will call a “real estate wave” that’s where the home buyers start actually buying the inventory and it causes a short run on homes. \u00a0Meaning that buyers are active and closing producing “comparable” home sales so that a few can sell their home for a slightly higher price. \u00a0At the end of the year, everyone will look back and say, Atlanta<\/a> increased by X% but during that time the increase is much higher during a smaller portion of the year. \u00a0This wave “crests” and then falls to a slightly higher price and at the end of the year they equal that X%. \u00a0The key for the seller is to sell when the wave is starting and the buyer right before or slightly after the wave.<\/p>\n Ultimately of course, history will tell us whether or not there was a real estate bubble in 2013.<\/p>\n Related Real Estate Resources:<\/strong><\/p>\n Real Estate Bubble 2013 Depending on who you talk to about the Atlanta Real Estate market, you might think that there is another real estate bubble. \u00a0 Is it the Real Estate bubble of 2013? \u00a0Right now, looking at the data no. \u00a0End of post…. If you’d like you can read how we were right, […]<\/p>\n","protected":false},"author":1,"featured_media":402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts\/75"}],"collection":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":0,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts\/402"}],"wp:attachment":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/tags?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Real](\"\/wp-content\/uploads\/2017\/08\/realestatebubble_400.jpg\" "\\"\\"")
That’s why after 5 years of short sales, Atlanta still is a leader in the nation for foreclosure and short sales. \u00a0Luckily, delinquencies are down, in fact, let’s talk about the real estate bubble 2013 edition. For a bubble to occur, prices have to rise at a pace that exceed affordability for a long period of time – which is relative but a bubble is not 6 months, no that would be a “wave” – a bubble is longer run-up on prices with no foundation really to sustain itself. \u00a0The reason real estate bubble is being mentioned now is due to the economy. \u00a0The economy seems to be on a bubble of it’s own.<\/p>\n\n