A lot can change in a decade. That said, there’s been a lot of talk about how our current market compares to what we saw 10 years ago. But how similar are these two periods of time, really? Today, we’ll be highlighting a few of the differences between the 2008 and 2018 real estate markets. 


00:23 - An introduction to today’s topic.

00:48 - The first difference between 2008 and 2018: the level of demand. 

“Is our market really that similar to what we saw in 2008? Let’s find out.”1:41 - The second difference between 2008 and 2018: The level of inventory. 

3:02 - How loan products and lending standards from 2008 compared to those this year. 

4:53 - The truth about recent appreciation. 

5:42 - The difference between homeownership rates in 2008 and 2018. 

6:57 - How buyers’ mindsets have changed. 

8:34 - The main reason we won’t see a housing bubble burst like we did in 2008. 
