Waiting on the Housing Market to Crash?…

Don’t, Experts Say. Here’s How Today’s Market Is Different From the Great Recession Housing Bubble - By John Reed, Editor at NextAdvisor TIME

Home prices are higher than they’ve ever been, and they show no signs of stopping.

The median U.S. home listing price was $405,000 in March 2022, the first time it’s broken the $400,000 price threshold, according to data from Realtor.com. That is an increase of 26.5% over two years.

Homebuyers might see similarities between what’s happening today and the 2006 housing market where home prices became increasingly unaffordable until the bubble burst, helping trigger the worldwide financial crisis we came to call the Great Recession…READ MORE