Today’s real estate market is different than before
If you’re concerned we’re in a housing bubble about to burst, don’t be. Today’s conditions are much different than those that led up to the 2008 housing market crash, which is why experts agree we’re not in a bubble.
“In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there.” – Bill McBride, Calculated Risk Blog
Today’s housing market is nothing like it was in 2008. This time, housing supply is at a historic low. Demand is real and rightly motivated. Even if there were to be a drop in prices, homeowners have enough equity to be able to weather a dip in home values. This is nothing like 2008. In fact, it’s the exact opposite.
- Today’s Real Estate Market Is A Lack Of Supply Not Demand
- Remote Work Has Changed Our Home Needs
- Homebuyers: Hang In There
Let’s work together
Let’s connect if you have concerns about today’s market so we can talk about why it’s so different. Buying, selling, or both, if you’re ready to make a move, we’d love to help. Get in touch via the form below, and we’ll follow up promptly: