Winter Will Bring a Flurry of Activity to the Housing Market
Girl catching snowflakes which are falling on her orange knitted gloves.

With buyers ready to stay active this winter, sellers who want to close a deal on the best possible terms shouldn’t wait until spring to put their homes on the market. #Housingmarket #Realestate #Currentmarket #Nickdamian #Economy #Housingmarket #homesforsale #HoustonTX #TXrealtors #KatyTX #Realestatemarket #MLS #HAR #Zillow #Trulia

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Think This Is a Housing Crisis? Think Again. With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it's logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the Great Recession – the recession that started with a housing and mortgage crisis. Today, we face a very different challenge: an external health crisis that has caused a pause in much of the economy and a major shutdown of many parts of the country. Let’s look at five things we know about today’s housing market that were different in 2008. 1. Appreciation When we look at appreciation in the visual below, there’s a big difference between the 6 years prior to the housing crash and the most recent 6-year period of time. Leading up to the crash, we had much higher appreciation in this country than we see today. In fact, the highest level of appreciation most recently is below the lowest level we saw leading up to the…

Continue Reading Five things we know about today’s housing market that were different in 2008.