The Real Estate Market Cycles: How to Identify Key Phases?

In this episode of the Realistimo Vlog, we take a deep dive into the four main phases of the real estate market – growth, peak, boom, and decline. You will learn:

✅ How do these cycles emerge?
✅ How long do they last?
✅ What are the key events in each phase?

We also discuss the development of real estate in Bulgaria and the major factors that have shaped the market over the years.

Additionally, we explore the theory of American economist Homer Hoyt, who analyzed property prices from the late 19th and early 20th centuries. Discover why his research is so important and how it helps in better predicting the real estate market today.