[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2fezmpitqqylf":3,"$ffegs2evbp6jw":39,"$f2emw9x6ij0gm":43,"$fbwk3vtva8yds":47},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},336,"what-is-a-housing-bubble-is-one-forming","¿Qué es una burbuja de la vivienda? ¿Se está formando una? ","\u003Cp>Las conversaciones recientes sobre Grecia y sus desafíos financieros tienen algunos cuestionando si Estados Unidos puede también regresar a la crisis que experimentamos en 2008. Algunos están mirando al aumento en los valores en bienes raíces y preguntándose si estamos en medio de otra burbuja de los precios de la vivienda.\u003C\u002Fp>\r\n\u003Cp>","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002F01162425\u002FBubble-2.jpg","\u003Cp>Las conversaciones recientes sobre Grecia y sus desafíos financieros tienen algunos cuestionando si Estados Unidos puede también regresar a la crisis que experimentamos en 2008. Algunos están mirando al aumento en los valores en bienes raíces y preguntándose si estamos en medio de otra burbuja de los precios de la vivienda.\u003C\u002Fp>\r\n\u003Cp>\u003C!--more-->\r\n\u003Ch3>\u003Cstrong>What actually is a price bubble?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nHere is the definition according to Jack M. Guttentag, Professor of Finance Emeritus at the \u003Cem>Wharton School of the University of Pennsylvania\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“A price bubble is a rise in price based on the expectation that the price will rise. Sooner or later something happens to erode confidence in continued price increases, at which point the bubble bursts and prices drop. What makes it a price bubble is that the cause of the price increase is an expectation that the price will increase, which sooner or later must reverse itself.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nDoes Professor Guttentag believe we are in another housing bubble?\r\n\r\nIn a \u003Ca href=\"http:\u002F\u002Fwww.huffingtonpost.com\u002Fjack-m-guttentag\u002Fis-another-housing-price_b_7539050.html\">recent article\u003C\u002Fa>, he explained:\r\n\u003Cblockquote>\u003Cem>“My view is that we are a long way from another house price bubble. Home buyers, lenders, investors and regulators now understand that a nationwide decline in house prices is possible -- because we recently lived through one.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>What are home prices doing?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThough home values are continuing to appreciate, the acceleration of the increases has slowed to year-over-year numbers which reflect a healthy housing market. Here is a chart showing year-over-year appreciation since January of last year:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002FCase-Shiller.jpg\">\u003Cimg class=\"alignnone wp-image-31218\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002FCase-Shiller.jpg\" alt=\"Case Shiller Price Changes | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nWe can see that appreciation rates have dropped from double digit numbers to more normal rates of 5% or lower.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWe think Nick Timiraos of the \u003Cem>Wall Street Journal\u003C\u002Fem> put it best in a recent tweet:\r\n\u003Cblockquote>\u003Cem>“Predictions of a new national home price bubble look unfounded for now, according to data.”\u003C\u002Fem>\u003C\u002Fblockquote>","\u003Cp>Las conversaciones recientes sobre Grecia y sus desafíos financieros tienen algunos cuestionando si Estados Unidos puede también regresar a la crisis que experimentamos en 2008. Algunos están mirando al aumento en los valores en bienes raíces y preguntándose si estamos en medio de otra burbuja de los precios de la vivienda.\u003C\u002Fp>\r\n\u003Cp>\u003C!--more-->\r\n\u003Ch3>\u003Cstrong>What actually is a price bubble?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nHere is the definition according to Jack M. Guttentag, Professor of Finance Emeritus at the \u003Cem>Wharton School of the University of Pennsylvania\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“A price bubble is a rise in price based on the expectation that the price will rise. Sooner or later something happens to erode confidence in continued price increases, at which point the bubble bursts and prices drop. What makes it a price bubble is that the cause of the price increase is an expectation that the price will increase, which sooner or later must reverse itself.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nDoes Professor Guttentag believe we are in another housing bubble?\r\n\r\nIn a \u003Ca href=\"http:\u002F\u002Fwww.huffingtonpost.com\u002Fjack-m-guttentag\u002Fis-another-housing-price_b_7539050.html\">recent article\u003C\u002Fa>, he explained:\r\n\u003Cblockquote>\u003Cem>“My view is that we are a long way from another house price bubble. Home buyers, lenders, investors and regulators now understand that a nationwide decline in house prices is possible -- because we recently lived through one.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>What are home prices doing?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThough home values are continuing to appreciate, the acceleration of the increases has slowed to year-over-year numbers which reflect a healthy housing market. Here is a chart showing year-over-year appreciation since January of last year:\r\n\r\n\u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002FCase-Shiller.jpg\">\u003Cimg class=\"alignnone wp-image-31218\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002FCase-Shiller.jpg\" alt=\"Case Shiller Price Changes | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nWe can see that appreciation rates have dropped from double digit numbers to more normal rates of 5% or lower.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWe think Nick Timiraos of the \u003Cem>Wall Street Journal\u003C\u002Fem> put it best in a recent tweet:\r\n\u003Cblockquote>\u003Cem>“Predictions of a new national home price bubble look unfounded for now, according to data.”\u003C\u002Fem>\u003C\u002Fblockquote>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002FCase-Shiller.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"Para los compradores","buyers",{"id":22,"name":23,"slug":24},6,"Para los vendedores","sellers","2015-07-07T10:00:40Z","2015-07-07T10:32:17Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},335,"1-reason-to-sell-your-house-now","¡Razón #1 para vender su casa ahora!","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002F01162427\u002F1-Reason.jpg","2015-07-06T10:00:24Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},337,"1st-time-buyers-finally-crashing-the-real-estate-party","Los compradores por primera vez finalmente se están colando a la fiesta de bienes raíces","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F07\u002F01162427\u002FCannonball.jpg","2015-07-08T10:00:38Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-SP-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-SP-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-SP-original.png",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-SP-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-SP-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-SP-original.png",[48,52,53,54,58,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,157],{"id":49,"name":50,"slug":51},1,"No clasificado","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":55,"name":56,"slug":57},7,"Ejecuciones hipotecarias","foreclosures",{"id":59,"name":60,"slug":61},8,"Infografías","infographics",{"id":63,"name":64,"slug":65},9,"Precios","home-prices",{"id":67,"name":68,"slug":69},11,"Compradores de vivienda por primera vez","first-time-buyers",{"id":71,"name":72,"slug":73},34,"Mercado de la tercera edad","senior-market",{"id":75,"name":76,"slug":77},35,"Tasas de interés","mortgage-rates",{"id":79,"name":80,"slug":81},38,"Compradores de casa mas grande","move-up",{"id":83,"name":84,"slug":85},41,"“FSBO“","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"Nueva construcción","new-construction",{"id":95,"name":96,"slug":97},52,"Mercado de lujo","luxury--vacation",{"id":99,"name":100,"slug":101},53,"Alquilar Vs. 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