Denny Grimes: The impact of rising prices

Good news for the real estate market: The National Association of Realtors reported prices for single-family homes across the U.S. increased 12% in the third quarter, the biggest annual jump in seven years. However, jump fear this market is trending toward another bubble.

Here to give his take on the matter is Denny Grimes with Denny Grimes & Company at Keller Williams Realty.

Reporter:Sabrina Katz
Producer:Jasmine Jackson
Writer:Joey Pellegrino
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