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Thomas O’Grady quoted in National Mortgage Professional Magazine: New Study Examines the Formation of Housing Bubbles

National Mortgage Professional Magazine has quoted CEO Thomas O’Grady in their latest article on the value of the “bubble indicator” in current housing market.

“The rapid recovery in home prices in a number of U.S. metros already had some observers to suggest that we are in another home price bubble. Our feeling is that while price increases have been sharp, they should be viewed as corrections to the overshooting of prices on the downside in the 2009-2011 period and not the beginning of new home price bubbles.”

Click here to read the full article or click here to read our full Home Value Forecast Update.