{"id":1429,"date":"2021-08-09T18:55:00","date_gmt":"2021-08-09T18:55:00","guid":{"rendered":"https:\/\/teamhoffmann.info\/blog\/2021\/08\/home-prices-cant-go-straight-up-forever\/"},"modified":"2026-07-15T15:10:36","modified_gmt":"2026-07-15T15:10:36","slug":"home-prices-cant-go-straight-up-forever","status":"publish","type":"post","link":"https:\/\/teamhoffmann.info\/blog\/2021\/08\/home-prices-cant-go-straight-up-forever\/","title":{"rendered":"Home prices can&#8217;t go straight up forever."},"content":{"rendered":"<p>&nbsp;<\/p>\n<div class=\"separator\" style=\"clear: both;text-align: center\"><a href=\"https:\/\/teamhoffmann.info\/blog\/wp-content\/uploads\/2020\/03\/pricesontherise.jpg\" style=\"clear: left;float: left;margin-bottom: 1em;margin-right: 1em\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" data-original-height=\"452\" data-original-width=\"616\" height=\"294\" src=\"https:\/\/teamhoffmann.info\/blog\/wp-content\/uploads\/2020\/03\/pricesontherise.jpg\" width=\"400\" \/><\/a><\/div>\n<\/p>\n<p><span style=\"font-family: arial\">Home prices are climbing at the fastest pace in history, eclipsing even the boom in the days leading up to the Great Recession. Bidding wars have become common, many are forced to pay all cash and some bids are coming in $1 million over asking.<\/span><\/p>\n<p><span style=\"font-family: arial\">It&#8217;s all sparking fears that the United States is in the middle of another housing bubble that will end in a terrible crash. Industry executives and economists agree this explosion in home values is unsustainable, as home prices can&#8217;t go up 20% year-over-year forever.<\/span><\/p>\n<p><span style=\"font-family: arial\"><a href=\"https:\/\/www.cnn.com\/2021\/07\/27\/economy\/housing-bubble-fears-overblown\/index.html\" target=\"_blank\">Click here to read more&#8230;<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Home prices are climbing at the fastest pace in history, eclipsing even the boom in the days leading up to the Great Recession. Bidding wars have become common, many are forced to pay all cash and some bids are coming in $1 million over asking. It&#8217;s all sparking fears that the United States is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","entry","has-media"],"_links":{"self":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/comments?post=1429"}],"version-history":[{"count":1,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1429\/revisions"}],"predecessor-version":[{"id":1430,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1429\/revisions\/1430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/media\/1185"}],"wp:attachment":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/media?parent=1429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/categories?post=1429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/tags?post=1429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}