The Anticipated Housing Plateau Is Here

The explosive boom in home construction and home prices has finally leveled off and is even declining in some markets, as the Trends editors have been predicting. So far, this slow-down is far milder than expected by some experts who have insisted that the U.S. housing market was a speculative bubble just waiting to burst. As we’ll explain, there’s no need to panic, unless you’re “in way over your head.” In fact, the softening market for second homes may present a particularly good buying opportunity for the long-term.