Email us Call us
Homeowner Tips

2008 vs 2023

The current state of the housing market is vastly different from that of 2008. The housing crisis of that time was a result of a combination of factors, including cheap debt, questionable lending practices, and financial maneuvers that led to many borrowers being stuck with unaffordable mortgages.

However, taking a step back from that event, it is apparent that home prices have appreciated in four of the last six recessions, with only two instances of slight declines - 1.9% in the early 90s and almost 20% in 2008.

It is essential to understand that not every recession leads to a housing crisis.

Therefore, if you are looking to buy, sell, invest, or flip, it is vital to focus on the facts and seek guidance from a knowledgeable agent who can help you make informed decisions in the current year.

Disregard the pessimistic viewpoints, assess the data, and find an agent who can help you navigate the housing market in 2023.

Work With Kadesha

The first thing she will ask from you is what do you expect from her. You should expect nothing but world-class service with results. She is happiest and performs at her best when she's helping her clients. Kadesha look’s forward to the opportunity to serve you successfully.

Let's Connect
Follow Us