3 Reasons Why We’re Not Headed for a Housing Crash

In this Article...

Residents of Blue Ridge and the Northeast Georgia mountain area can rest assured that we're not heading for a housing crash. Mountain Place Realty, led by Broker Rhonda Thomas Haight, highlights three key reasons for this. Unlike 2008's oversupply, today's market faces an undersupply of homes, supported by data on existing homes, new constructions, and foreclosures. Rhonda's team of experienced and successful agents brings valuable insights, ensuring you stay well-informed and confident in your real estate decisions.

3 Reasons Why We’re Not Headed for a Housing Crash

Some Highlights

• Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
• Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.
• Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.