Not a Crash: 3 Graphs That Show How Today’s Inventory Differ…

Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008
And while this varies by local market, nationally, the current months’ supply is well listed below the norm, and even further below what we saw during the crash. The orange on the graph reveals the overbuilding that took place in the lead-up to the crash. Inventory levels aren’t anywhere near where they ‘d require to be for rates to drop substantially and the real estate market to crash.

That crash affected the lives of countless people, and lots of now live with the concern that something like that might take place once again. And while this differs by regional market, nationally, the current months’ supply is well below the norm, and even further listed below what we saw during the crash. The orange on the chart shows the overbuilding that occurred in the lead-up to the crash. Inventory levels aren’t anywhere near where they ‘d require to be for prices to drop substantially and the real estate market to crash. The market doesn’t have sufficient readily available homes for a repeat of the 2008 real estate crisis– and there’s absolutely nothing that suggests that will alter anytime quickly.