Redfin: Feels like a bubble, but it's not

'Mini bubbles' may be brewing in some markets

An informal Inman News survey of agents around the country shows many real estate professionals are experiencing market conditions that, at least on a surface level, resemble those of the housing bubble.

An analysis released today by Seattle-based brokerage Redfin highlighted key differences between today’s market and the last housing bubble, concluding that while “mini bubbles” may be brewing in a few cities, current market dynamics make it unlikely that national home prices are overheating.