5 Reasons Why a Housing Market Crash Isn't Guaranteed.
Real estate prices have never been higher, and there are no signs of them slowing down soon
The National Association of Realtors predicts a 3% increase in property prices in the coming year. There are several reasons why real estate investors don’t need to fear a housing market crash.
Like any commodity, such as oil, house buyers bid up prices because of a lack of available products.
Stockpiles Have Dropped to Historic Low
Builders can no longer buy land and rapidly secure regulatory permissions to satisfy demand.
Builders Are Unable to Meet Demand
Mortgage rates have climbed somewhat since hitting all-time lows in January, but not by much.
Near-Historic Low Mortgage Rate
Lenders today have very stringent requirements for borrowers, and most people who acquire mortgages have good to excellent credit.
Stringent Lending Criteria
Existing residences account for most of the market, although the number of available units is also decreasing.
Fewer People Are Selling
SWIPE UP FOR MORE!
Best Honeymoon Destinations in the U.S.
53 Ways You Can Embrace Frugal Living Today