August 9, 2022
“This is not the same market of 2008. . . . It’s no secret the housing market played a central role in the Great Recession, but this market is just fundamentally different in so many ways.”
“Among the differences between today’s housing market and that of the 2008 housing crash is that lending standards are tighter due to lessons learned and new regulations enacted after the last crisis. Essentially, that means those approved for a mortgage nowadays are less likely to default than those who were approved in the pre-crisis lending period.”
“. . . experts don’t believe the market is in a bubble or a crash is in the cards, like during the Great Recession. The nation is still suffering from a housing shortage that has reached crisis proportions at a time when many millennials are reaching the age when they start to consider homeownership. That’s likely to keep prices high.”
Stay up to date on the latest real estate trends.
May 2, 2023
No Housing Crisis Predicted
January 3, 2023
What's in store for the 2023 Housing Market?
November 9, 2022
Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of peopl…
October 5, 2022
From the lows of 3.22% in January to a high of 6.7% last week, rising mortgage rates have substantially impacted the housing market in so many ways. The High-Rate Envi…
August 30, 2022
Even with ultra-low demand, the Orange County housing market lines up in favor of sellers due to the persistent lack of supply. In the past week there has been a lot o…
August 11, 2022
Will Orange County, CA Home Prices Fall This Year? Here’s What Experts Say. Many people are wondering: will South Orange County home prices fall this year? Whether you…
You’ve got questions and we can’t wait to answer them.