Why Experts Say the Housing Market Won’t Crash

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Real Estate Agent with Luxury Valley Homes Scottsdale SA524104000

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC] | MyKCM

Some Highlights

  • Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways.
  • First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time.
  • If you have questions about the housing market, let’s connect.

Comments (9)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Jane and Jeff and thanks for sharing your blog with us today in the Rain.  Make it a great weekend.

 

Aug 12, 2022 07:43 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The local jobs are plentiful. People have pick and play.  Flag man, road construction crew flip stop and slow traffic signs makes $138 an hour under the tree listened to ipod.

$450k/year with benefits running servers for crypto trading. Both do not need a college degree.  

 

Aug 12, 2022 07:49 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Interest rate on high fives are not scary.  A young couple are looking at a 3/1 1100 sf modest  1960 home with a 5K price improvement, asking price is only a $2,1000,000. Who does not have 420,000 savings in Silicon Valley?  Sold 1 week with 5 offers. Close to a fixer upper with plane noise. SFO path. Who cares?

Aug 12, 2022 07:52 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jane & Jeff Daley, PhD  I normally take what the so call experts say with a grain of salt, but in this case I agree.

Aug 12, 2022 05:03 PM
Paddy Deighan MBA JD PhD
http://irstaxdebt.pro - Vail, CO
Paddy Deighan J.D. Ph.D

I keep reading a plethora of reasons for a looming crash....and I read about growing housing demand in many areas!!

Aug 12, 2022 06:34 PM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Why experts don't know what they're talking about, even though they think they do:

1. Experts don't have kitchen table talks with distressed homeowners.

2. Experts didn't have kitchen table talks with distressed homeowners in 2007 when the last crisis was hatched.

3. They can't compare today's crisis to the 2007 crisis because they don't understand either.

4. Experts in academia are blinded by their need to make their political false idols look good and to spread misinformation to cover up the failures of their political ideology.

5. Talking head experts in the media are also blinded by their need to make their political false idols look good and to spread misinformation to cover up the failures of their political ideology.

6. Talking head experts and experts in academia do not let facts and data get in the way of their ideological mission.

7. Experts can say whatever they want and not be held accountable for false prophecies or for misunderstanding the past.

 

Aug 12, 2022 08:08 PM
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Pp always need a place to live..what I see is an eventual migration inland as climate change decimates the coasts.

Aug 13, 2022 09:33 AM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Sounds about right.  Inventory is starting to increase in our area, and rates have risen and then came down a bit, and buyers are hesitant.

Aug 13, 2022 10:50 AM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

All are excellent reasons to feel some confidence in the market!

Aug 16, 2022 01:53 PM