At the end of 2021, home prices were 18.5% higher than they had been just a year before, according to CoreLogic. And just when you think prices couldn’t possibly get any higher, they have. In January 2022, home prices climbed yet again as home inventory reached a record low, according to the National Association for Realtors. The median price of a home has topped $350,000 nationally. With astronomical numbers like that, it’s hard to believe this isn’t a housing bubble, but real estate analysts agree it’s not.

Here’s what’s really going on.

Disclosure: This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment. Grant Cardone is an industry expert who has been investing for over 30 years and his opinion is based solely on his own personal experience and circumstances. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment. Investment involves great risk and there is no guarantee of performance or results.

We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.