Many homeowners and buyers are concerned about the rise in new home inventory and wondering if it signals another housing crash like 2008. The truth is, today’s real estate market looks very different. While the number of newly built homes has reached its highest level since the crash, overall housing supply tells a different story. Unlike 2008, when overbuilding created a massive surplus, builders have actually underbuilt for more than 15 years, causing a housing shortage that still impacts the housing market in 2025. Even with more new construction homes hitting the market, experts agree it will take years to close the supply gap. That means today’s increase in inventory is not a sign of a crash, but rather a much-needed step toward balancing supply and demand. If you want local insight into what home builders and housing trends mean for buyers and sellers in your area, connect with a trusted real estate agent today.