Here is a helpful infographic that shows why I agree that the housing market wont crash like it did in 2008.
- Today’s housing market is different than it was in 2008.
- Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.
- If you’re concerned about a crash, meet with a local real estate professional to discuss why this isn’t like last time.