Worried about a housing market crash? Here's why supply and demand show you don't need to be. In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too many homes for sale. And today, we have only a 4.2 months’ supply. This shows we're not even back to normal – and we’re really far off of what happened in 2008. That’s why a crash isn’t expected.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Home Run Team, Ltd. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Home Run Team, Ltd. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is n… Read more
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