Are we headed for another crash? That may be what you are feeling right now, but let me tell you why we are not! If you remember the housing crash of 2008, you may be worried we are headed for that again, but let's take a look at inventory now and then and see what we can learn!
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The market today is nothing like it was back in 2008. The lender rules are tighter and new contracts have restriction while appraisers have no direct touch with the banks.
Lori Mode
Elk Grove, CA
Yes, Ed it is a completely different market. I'm finding buyers today are thinking the market is going to crash like it did before. Are you seeing this in your market?
Great information. Thanks for sharing, enjoy your weekend. Bill
Salvatore Arizona Elite Properties.
Lori Mode
Elk Grove, CA
DRE License #00935148
Lori Mode of Keller Williams Realty, Sacramento Real Estate including Elk Grove and surrounding areas, including home listings, home prices, community information, local statistics, foreclosures and short sales.
If you ever have any questions, comments, suggestions, or anything else, please contact me using one of the methods below. Also be sure to engage in the conversations taking place within each post!
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