Here’s why this housing downturn is nothing like the last one

The Housing Market

We're seeing the housing market cool after an incredibly hot stretch fueled by the pandemic. Naturally, people are asking: Is today's housing market in the same predicament that it was in 2007-08?

According to an article by CNBC, the short answer is: no. America’s housing market is in far better health today. That’s thanks, in part, to new lending regulations that resulted from that meltdown. Those rules put today’s borrowers on far firmer footing.

Click to read the full story here →

---

All real estate is local. In order to make confident real estate decisions, we believe it is important for you to have timely and neighborhood-specific information. If you would like more information about buying a home in NC, our experts at EXP Realty are here to help. Contact us today to speak with a EXP agent about buying homes or land in North Carolina.