When Will the Housing Market Crash Again in the US?
Abstract
Table of Contents When Will the Housing Market Crash Again? What Happened in the Last Housing Market Collapse? Are We Headed Down the Same Road? What's an Investor to Do? Wrapping It Up Several experts have already been discussing the potential of a housing market crash with some housing market predictions for 2022. The trauma caused by the last market crash coupled with the ongoing activity in the real estate sector has led to many asking the question "Will the housing market crash in 2022?" For us to answer that, we need to backtrack to the previous 2007-2009 housing crisis that led to the great recession. What Happened in The Last Housing Market Collapse? The origin of the recent housing crisis can actually be traced all the way back to 1999 with the subprime mortgage market's unprecedented growth. While good intentions got us on that downward spiral, the real estate industry has been abuzz with talks of a looming real estate market crash given the present market conditions. Perhaps one of the reasons why an impending housing market crash became the talk of the town was because of the stock market's performance during the pandemic. Several financial experts compared what was happening in 2020 to the 1930's Stock Market Crash that led to the eventual real estate market collapse at the time. What we have today is only 1.7 months' worth of inventory, which confirms that most markets today are sellers' markets.
