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✉news BusinessReal Estate first seen 11 h ago, last 25 min ago, peak #6

Hopeful buyers await 2008-style housing crash that isn't coming

Original: Americans hoping for an ’08-style housing crash to afford a home are out of luck

Experts say Americans waiting for a repeat of the 2008 housing crash to bring home prices down to affordable levels are likely to be disappointed. Unlike the pre-crisis period, today's market is marked by tight supply, homeowners locked into low mortgage rates, and strong demand, leaving little sign of a sharp price collapse ahead despite widespread frustration over affordability.

Why now: Housing affordability remains a top concern, and many buyers are hoping prices crash like in 2008.

US housing marketNew York Post

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