3 Reasons Why we are NOT Headed for a CRASH

Many consumers believe the housing market is headed for a crash.. As a Realtor, I wish I had a crystal ball, but I don’t. What I do have, is data. In 2008, we faced an oversupply of homes for sale, which led to significant issues in the housing market.

Today, the situation is quite different with a clear undersupply of available homes. The three main sources of housing inventory – existing homes, new homes, and foreclosures – are all significantly lower than what we saw during the last housing crash.

Current inventory data confirms that there aren’t enough homes on the market to trigger a repeat of the 2008 scenario.

Buying or Selling looks different for everyone. If you are interested in learning about what your home is worth or your financial capabilities of buying in today’s market, call me today!