- Today’s housing market is different than it as in 2008,
- It used to be easy to qualify for a home loan.
- It’s more difficult now because lending standards are tighter
- Historical Data for the Mortgage Credit Availability Index (MCAI) Housing Bubble: 868.7 Now: 102.5
- During the housing crash, we had an oversupply of homes on the market.
- Today, we have an undersupply.
- The number of homeowners facing foreclosure today is much lower.
- If you’re concerned about the crash. Let’s connect to discuss why this isn’t like the last time.