5 Simple Graphs Proving This Is NOT Like the Last Time
Posted by Amanda Kittle R(S) - Maui Real Estate Agent on
Quick Summary: Today’s housing market is dramatically different from 2008 — especially in Kihei, Wailea, and Maui. Tight inventory, strong equity, responsible lending, and sustainable appreciation all contribute to a more stable and resilient environment. The five graphs below explain why this is not a repeat of the last crash.
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 2006–2008. The feeling is understandable. Ali Wolf, Director of Economic Research at Meyers Research, addressed this point in a recent interview:
“With people…
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