3 Reasons Why We Are Not Heading Toward Another Housing Crash Thursday, February 21st, 2019 First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates,
Housing Prices Are NOT Heading For Another Crash
As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explainedthat the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices?
Are prices appreciating at the same rate that they were prior to the crash of 2006-2008? Let’s look at the numbers as reported by Freddie Mac:
The levels of appreciation we have experienced over the last four years aren’t anywhere near the levels that were reached in the four years prior to last decade’s crash.
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