Is the Housing Bubble About to Burst?

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend.

Subscribe: Apple Podcasts | Google Podcasts | Spotify | Amazon Music | RadioPublic | Stitcher | RSS

In many markets, home prices are through the roof.

In 2020, just two years ago, the average price of an American home was about $375,000. Today? $500,000. And with mortgage rates rising, affordability is becoming a real issue. So here’s the question: Do we buy now before prices go even higher? Or do we wait and see if prices and rates drop?

Today, we’re going to try to answer that question.

Stacy Johnson, CPA, financial journalist Miranda Marquit and novice investor Aaron Freeman talk about what’s going on with housing and whether now is the time to buy.

Our special guest this week is Mindy Jensen from real estate website and podcast BiggerPockets.

Remember, while we sometimes talk about specific investments on this show, never take them as recommendations. Before investing in anything, do your research, and make your own decisions.

You can watch this episode below, or if you’d prefer to listen, you can do that either with the player at the top of this article, or by downloading the episode wherever you get your podcasts:

Don’t forget to check out our podcast page for more episodes designed to help you make the most of your money and our YouTube page for more videos.

Are we in a housing bubble?

In this podcast, we take some time to talk about what, exactly, a housing bubble is — and try to figure out if we’re in one.

The Federal Reserve is raising rates specifically to slow housing. Consider this: 40% of inflation is directly related to housing costs. So the Fed is targeting housing. They want prices to stabilize, and for this hot market to cool down.

Check out some of the following articles, designed to help you learn more about the current situation.

Should you buy a home now, or wait for prices to drop?

Now is the time to take a step back and try to decide if you should buy a home now, or wait for the housing market to cool down. We’ve got some great insights from each person on the show, talking about how buying a home fits (or doesn’t fit) into their priorities right now. No matter your situation, we’ve got some ideas for you.

Meet this week’s guest, Mindy Jensen

Mindy Jensen / Money Talks News

Mindy Jensen is a licensed agent in Colorado and has been buying and selling houses for more than 20 years. She’s the Community Manager for and the host of the BiggerPockets Money Podcast.

Don’t listen to podcasts?

A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone, or by listening online. They’re awesome for learning stuff and being entertained when you’re in the car, doing chores, jogging or riding your bicycle.

You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS.

If you haven’t listened to our podcast yet, give it a try, then subscribe. You’ll be glad you did!

About the hosts

Stacy Johnson founded Money Talks News in 1991. He’s a CPA, and has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Miranda Marquit, MBA, is a financial expert, writer and speaker. She’s been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

Get smarter with your money!

Want the best money-news and tips to help you make more and spend less? Then sign up for the free Money Talks Newsletter to receive daily updates of personal finance news and advice, delivered straight to your inbox. Sign up for our free newsletter today.