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Market Stats • Real Estate • Tips for Buyers • Tips for Sellers • August 5, 2024

3 Reasons Why We’re Not Headed for a Housing Crash

by Greg Weis

**Sources: NAR, Census, ATTOM, Bankrate**

Some Highlights

  • Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
  • Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.
  • Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.
  • Lean on a real estate professional to help separate fact from fiction in today’s housing market.

This post was first published on Keeping Current Matters.

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