Orange County Housing Report: No Crash in Sight
Housing data illustrates that there is not a housing crash on the horizon despite the current slowdown and home values falling.
Not the Great Recession
With a very limited inventory of available homes coupled with over a decade of tight lending standards, housing values will not nosedive like they did during the Great Recession.
An astonishing 41% of Americans think that the housing market is going to crash in the next 12 months, according to a survey conducted by LendingTree. Even more revealing is that 74% of those who believe there will be a crash think it will be as bad or worse than the “2008 housing market collapse.” With so many convinced that a crash is inevitable, does that mean…
