Ann Fry Homes

You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now.

1. Demand for Homes Is Higher than Supply

One of the biggest reasons the housing market crashed back in 2008 was an oversupply of homes. Today, though, it’s a very different story.

It’s a general rule of thumb that a market where supply and demand are balanced has a six-month supply of homes. A higher number means supply outpaces demand, and a lower number means demand outpaces supply.

2. Unemployment Is Still Low

When people are unemployed, they’re more likely to have trouble making their mortgage payments and may be forced to sell or face foreclosure. That was a big problem during the...



If you want trustworthy advice when buying or selling a home, let’s connect so you have an expert real estate advisor on your side.

Two Reasons Why the Housing Market Won’t Crash You may have heard chatter recently about the economy and talk about a possible recession.

Mortgage rates are dropping. As a result, more buyers are getting ready to re-enter the market. That’s clear based on the rise in mortgage applications since rates started to fall.

If you’ve been thinking about selling, let’s talk about how to get your house ready so you can take advantage of increased buyer activity.



If you want trustworthy advice when buying or selling a home, let’s connect so you have an expert real estate advisor on your side.