|“A bubble is something that’s going to pop. I look at it as a phase. The market is cyclical, and there may be some slight correction, but it won’t be nearly as bad as what we saw in 2008″
“What’s different today from what we saw in 2008 is that people who are qualifying for loans are actually qualified. They are creditworthy. We’re in the situation we are now because of simple supply and demand.”
If any thing will happen is, inventory will increase to flatten out the market, which will help buyers and will still be good for sellers.
Next year interest rate may go up which will effects higher monthly payments and affordability can be less than now.
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