Analyzing the 2008 vs 2022 Real Estate Market: What Went Wrong? What Was Better?
The much anticipated housing bubble turned out to be nothing and there wasn’t a real estate crash, just a correction of home prices. Predictions for 2023 are that home prices will moderate and interest rates will start to drop to align with declining inflation. The housing crash of the 2008 great financial crisis had numerous factors that just don’t exist today.