Does Today’s Housing Market Resemble 2006?
Filed under: Market Comentary
With the escalation we’ve seen in home prices over the past few years, many fear that we may be headed for another housing “bubble” and that a crash is just around the corner.
So are we truly in the same place as where we stood the last time we saw this ramp up in prices (2006)?
Listen to the President of Franklin Loan Center, Walter Neil, as he explains why our housing market today is actually much different from 2006 and why facts support that there is not a “bubble” looming.
If you have any questions or wish to discuss this, feel free to contact me!