A bubble in real estate is a market situation where the prices of properties rise rapidly and excessively beyond reasonable valuations due to high demand, speculation, and investor behavior. Eventually, the bubble 'bursts,' leading to a sharp decline in prices.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!