Almaden Valley Homes For Sale | 4 Quick Reasons NOT to Fear a Housing Crash
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Today I would like to speak to you about 4 Quick Reasons NOT to Fear a Housing Crash
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago.
Here are four reasons why today’s market is much different:
1. There are fewer foreclosures now than there were in 2006
A major challenge in 2006 was the number of foreclosures. There will always be foreclosures, but they spiked by over 100% prior to the crash. Foreclosures sold at a discount and, in many cases, lowered the values of adjacent homes. We are ending 2018 with foreclosures at historic pre-crash numbers – much fewer foreclosures than we ended 2006 with.
READ MORE: https://www.siliconvalleyrealestateteam.com/blog/almaden-valley-homes-sale-4-quick-reasons-not-fear-housing-crash/
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