Worried about a housing market crash? Here's why supply and demand show you don't need to be.
In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too many homes for sale. And today, we have only a 4.2 months’ supply.
This shows we're not even back to normal – and we’re really far off of what happened in 2008. That’s why a crash isn’t expected.
Are you looking to Buy or Sell a Home in Charles County, Waldorf, White Plains, or La Plata, MD? As a seasoned REALTOR® with extensive experience in the Maryland real estate market, I’m here to guide you through every step of the process. Whether buying your first home or selling to move into your dream home, don’t hesitate to contact me, Theresa Shoptaw, for personalized and professional service at theresashoptaw.com to get started today!
