4 Reasons We're Still Not in a Housing Bubble, 6 Warning Signs Flashing

So, are we in a housing bubble? And what does that mean, anyway?

Well, a bubble grows as low supply and high demand combine to drive up prices. And it deflates as that dynamic flips and there are more houses than buyers.

This can happen quite rapidly, as it did in 2007 when the bubble flat-out burst and helped kick off the Great Recession, which lasted for several years. So, with record-high home prices now being met by soaring interest rates and recession fears, will we see history repeat itself?

Here are four reasons why we won't. And six reasons why we should at least be wary.

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