Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home?Home
Are We Header for a Housing Crash??
Dated: August 2 2024
Views: 104
3 Reasons Why We’re Not Headed for a Housing Crash
Some Highlights
- Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
- Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.
- Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.
Tony Graham
Tony Graham has been a licensed REALTOR in Oklahoma since 1989 and has successfully closed more than 800 homes across Norman, Edmond, Moore, and the Oklahoma CityMetro. Averaging 23 closings per....
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