5 Reasons Why the Real Estate Market is Not Like 2007/2008
- Annual Home Price Appreciation didn’t spike prior to 2020.
- Single Family Housing Units Completed is very low.
- Months of inventory available is very low
- Total Home Equity Cashed Out is very low. Not easy to get cash out through refi
- Default Risk is significantly lower. Loan requirements are much tighter!
To get the full scoop, check out this video on the Buy Big Island VLOG: