Are you worried the housing market is going to crash like in 2008?
Are you worried the housing market is going to crash like in 2008?
Take a listen while Emily explains why it’s unlikely!
- Mortgage standards are stricter: This means buyers are more qualified to purchase a home!
- There are fewer foreclosures: Because buyers are more qualified they are less likely to default on their loans!
- Fewer homes for sale: Inventory is still historically low meaning demand is still very high!
These facts make it very clear that the market is very different and in a much clearer standing than it was back then. No need to fear!