November 17, 2024 4:29 pm
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Experts sharply divided over whether surging home prices signal new bubble

Housing_Bubble_articleBy Matthew J. Belvedere and  Diana Olick | Mortgage News Daily

We’re living in a very different housing world today — from tighter credit to stricter regulations — compared with the dark days of the crash, but rising residential prices are starting to spark concern again, according to a major real estate investor and a leading real estate attorney who appeared Friday on CNBC.

But Ethan Penner, managing partner at Mosaic Real Estate Investors, and Shari Olefson, attorney and director of The Carnegie Group think tank, disagree about whether the crosscurrents in the property market are pointing to a bubble.

Continued:

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