The term real estate bubble, it is widely known to articles describing the theory of real estate prices going up or rising. Mark Eppli, finance at Marquette University, says that the consumers shouldn't worry.
He said "I have no problem saying that there is not a real estate bubble. By looking at the short-term, medium-tern and long-term, I think the market isn't going to have a fall out," he adds "I look at the numbers and that's where I get my evidence from," ...
Eppli says while the real estate bubble isn't about to burst, not all is perfect when it comes to the housing market, he said that new homes were overbuilt so the supply right now outstrips the demand, but quickly added "I think that will work itself out. I know there's a lot of concern about it, but it's not something that is going to break the market."Marquette's Eppli named president of national real estate organization Wednesday, June 1, 2016
A Marquette University professor of finance with a national profile in commercial real estate has been elected president of the Real Estate Research Institute, the university announced Wednesday.
Mark Eppli, Ph.D., professor of finance and Robert B. Bell Chair in Real Estate at Marquette, will lead the national nonprofit organization that funds top-tier research on real estate investment performance and market fundamentals for the commercial real estate industry.
Eppli directs Marquette's Top 10 nationally ranked Center for Real Estate and also was recently named a NAIOP Distinguished Fellow. NAIOP is the leading trade association for commercial real estate professionals.
"Dr. Eppli represents what's best about Marquette business faculty," said Brian Till, Keyes Dean of Business Administration at the university. "He's a highly engaged scholar and teacher who lends his deep expertise to the broader academic and business communities."Let's hope, for the sake of the economy, the Real Estate Research Institute, NAIOP and "what's best about Marquette business faculty," Eppli's scholarly engagement and research has exponentially improved since 2006.