{"id":5945,"date":"2024-08-02T05:30:00","date_gmt":"2024-08-02T10:30:00","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/3-reasons-why-were-not-headed-for-a-housing-crash\/"},"modified":"2024-08-02T05:30:00","modified_gmt":"2024-08-02T10:30:00","slug":"3-reasons-why-were-not-headed-for-a-housing-crash","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/3-reasons-why-were-not-headed-for-a-housing-crash\/","title":{"rendered":"3 Reasons Why We\u2019re Not Headed for a Housing Crash"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240730\/20240802-Heres-Why-Were-Not-Heading-For-A-Housing-Crash-KCM-Share-original.jpg?ssl=1\" alt=\"3 Reasons Why We\u2019re Not Headed for a Housing Crash Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear: both;max-width: 100%\" \/><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240730\/3-Reasons-Why-Were-Not-Headed-For-A-Housing-Crash-MEM-original.jpg?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240730\/3-Reasons-Why-Were-Not-Headed-For-A-Housing-Crash-MEM-original.jpg?ssl=1\" alt=\"No Caption Received\"><\/a><\/p>\n<h3>Some Highlights<\/h3>\n<ul>\n<li>Back in <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/07\/08\/not-a-crash-3-graphs-that-show-how-todays-inventory-differs-from-2008\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">2008<\/a>, there was an oversupply of homes for sale. Today, there\u2019s an <a href=\"https:\/\/www.bankrate.com\/real-estate\/is-the-housing-market-about-to-crash#prices\" rel=\"noopener noreferrer\" target=\"_blank\">undersupply<\/a>. The three main sources of inventory show this isn\u2019t like the last time.<\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/topics\/existing-home-sales\" rel=\"noopener noreferrer\" target=\"_blank\">Existing homes<\/a>, <a href=\"https:\/\/www.census.gov\/construction\/nrc\/current\/index.html\" rel=\"noopener noreferrer\" target=\"_blank\">new homes<\/a>, and <a href=\"https:\/\/www.attomdata.com\/news\/most-recent\/u-s-foreclosure-activity-increases-quarterly-in-q1-2024\/\" rel=\"noopener noreferrer\" target=\"_blank\">foreclosures<\/a> are all way below the levels we saw during the housing crash.<\/li>\n<li>Inventory data shows there just aren\u2019t enough homes available to have a repeat of what happened back in 2008.&nbsp;<\/li>\n<\/ul>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there\u2019s an undersupply. The three main sources of inventory show this isn\u2019t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data shows there just aren\u2019t enough [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5946,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-5945","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>3 Reasons Why We\u2019re Not Headed for a Housing Crash&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/3-reasons-why-were-not-headed-for-a-housing-crash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Reasons Why We\u2019re Not Headed for a Housing Crash&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there\u2019s an undersupply. The three main sources of inventory show this isn\u2019t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data shows there just aren\u2019t enough [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/3-reasons-why-were-not-headed-for-a-housing-crash\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-02T10:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240730\/20240802-Heres-Why-Were-Not-Heading-For-A-Housing-Crash-KCM-Share-original.jpg\" \/>\n<meta name=\"author\" content=\"Scott\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott\" \/>\n<script type=\"application\/ld+json\" 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