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Updated over 8 years ago, 05/02/2016
Will there be another bubble burst?
My husband and I are looking for our first home to buy. I was recently talking to my mother and she warned me that her best friend (who is a real estate agent in Lodi Ca) was telling her that she thinks there will be another burst in the housing market as soon as 2018. I kind of shrugged it off because my mother can be a bit of a worrier and she had no facts for me but I was just reading this article in fortune and it mention a similar warning.
My husband and I are looking to buy in the Bay Area and a burst is the last thing we need when it feels like we are already having to sell our first born just to get a crappy 1920's bungalow.... What are your thoughts PB? Keep on renting or take the plunge?
Here's the article: http://fortune.com/2016/01/11/real-estate-bubble/?xid=simplereach_HighEngagement&sr_source=lift_facebook