Current real estate market reminiscent of 2008? I think not.

With all of the uncertainty these days, we’re asking ourselves how will COVID-19 impact the housing market. Bottom line: COVID-19 is a health crisis and not a housing crisis. Windermere’s chief economist explains the various factors that differentiate the current housing environment from that in 2008. Yes, we may see a slow down in sales and growth may not be as high as we initially thought before COVID-19 hit the U.S. but we are definitely not repeating the 2008 housing crash. Listen for yourself!

 

Posted on April 29, 2020 at 12:48 am
Jean Schnadig | Category: Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *