The economic turmoil surrounding the COVID-19 pandemic causes concern that an impending recession would also result in a housing crisis. Fear that we are heading for another 2008 grows with every headline mentioning recession.
However, the real estate market conditions today are nothing like they were before the crash. Low inventory, more equity, and higher mortgage standards are among the reasons experts believe the housing market will recover.
Let’s look at five things we know about today’s housing ma... read more