MBA

MBA - Americans Concerned Hot Housing Market Could Be Heading for Correction

MBA - Americans Concerned Hot Housing Market Could Be Heading for Correction

Americans have simmering concerns about overheated house prices and increasingly suspect that a housing price correction may be imminent, reported ValueInsured, Dallas.

"We see more homebuyers concerned with timing the market," said ValueInsured CEO Joe Melendez. "This is especially true for Millennials, who are more likely to switch jobs, relocate or need to upsize in the next few years. No one wants to buy at the peak and find themselves underwater as so many did a decade ago."