Perspective is Everything.
For many, the housing market in the second half of 2022 drew comparisons to the bubble of 2008. In fact, the 2023 real estate market bears very little resemblance to 2008. Data from the National Association of Realtors (NAR) tells the story of two vastly different markets—one in dire need of correction, the other built on solid fundamentals and poised for sustainable gains.
Today is Nothing Like 15 Years Ago.
Comparing Key Variables in the Last Housing Cycle to Today
