housing heats up

[evince]

http://www.nbcnews.com/business/hou...fuels-price-surge-6C10796230?ocid=msnhp&pos=1


The list of the hottest markets reads like the housing boom of the mid-2000s. In the past 12 months home prices are up 19 percent in Las Vegas. California hot spots include San Francisco (up 25 percent), San Diego (up 17 percent) and Los Angeles (up 19 percent.)

 

[canceled.2021.1]

So you think it is a good thing? How did the last one work out?

 

[tekkychick]

http://www.nbcnews.com/business/hou...fuels-price-surge-6C10796230?ocid=msnhp&pos=1


The list of the hottest markets reads like the housing boom of the mid-2000s. In the past 12 months home prices are up 19 percent in Las Vegas. California hot spots include San Francisco (up 25 percent), San Diego (up 17 percent) and Los Angeles (up 19 percent.)

Gets me nervous. Is there a good reason behind the increases or just speculation?

 

[tinfoil]

I think many people have been holding off buying until they're sure the values of real estate don't continue to drop. This is probably a rush of people who have been itching to buy/invest for several years.