2008 Housing Crash vs. Today’s Market | Maui Real Estate, Kihei Condos, Wailea Real Estate, and Limited Inventory
Posted by Amanda Kittle R(S) - Maui Real Estate Agent on
Today’s housing market is dramatically different from the conditions that led to the 2008 crash. Tight inventory, strong equity, stricter lending, and more measured appreciation all point to a far more stable environment, including in Maui.
5 Simple Graphs Proving This Is NOT Like the Last Time
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006 to 2008. That concern is understandable. For many buyers and sellers, the memory of the last downturn still shapes the way they think about timing, pricing, and risk.
“With people having PTSD from the last time, they’re still afraid of buying…
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