With the state of the housing market right now, the question on everyone’s mind is this: When is the market going to crash? People worry that it’s feeling just like 2008 all over again. And we know that history repeats itself, if we don’t learn from our mistakes.
We’ve built a scarce marketplace thanks to the supply and demand imbalance. As a seller, you can get a lot for a house right now because of the shortage. Like a precious diamond, that which is desired most increases in value and in cost. In the past, an abundance of loose and risky loan products created false value, upsetting the natural process.
We’re not quite there yet. But we’re urging you to be vigilant and watch for the indicators, especially come fall and winter. Don’t forget to subscribe!
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