Why the Housing Market is not Headed for another 2008

There are three ways that today’s housing market is different from 2008:

  1. The supply of home for sale is still lower than the amount for a “normal” market.
  2. Lending standards are stricter than 2008.
  3. The foreclosure rate is lower because buyers are better qualified and less likely to default on their loans.

Questions about buying or selling a home in the current market, contact us today.


3 Graphs To Show This Isn’t a Housing Bubble | Keeping Current Matters