As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another market crash like the one we experienced about ten years ago. It was recentlyexplainedthat the lenient lending standards of the last decade (which created false demand for real estate) no longer exist. But what about rising home prices?
Are prices appreciating at the same rate that they were prior to the crash of 2006-2008? Let’s look at the numbers asreported byFreddie Mac:
The levels of appreciation we have experienced over the last four years aren’t anywhere near the levels that were reached in the four years prior to last decade’s crash.
Prices are appreciating at levels greater than historic norms. However, we are not at the levels that led to the housing bubble and bust.
Retired law enforcement executive and United States Army Veteran. Cal State Long Beach Alum.
Enjoy working with people and help increase their wealth through sound investment practices.
Strong work ethic, integrity and maintains a high level of professionalism. Very knowledgeable about the VA home buying process and emphasizes in helping active military and veterans, public safety (police and fire personnel), nurses and teachers.
Currently works as a REALTOR, MRP (Military Relocation Professional) at eXp Realty. Bilingual, speaks Tagalog. CalBre # 01996035.
When you search for a home with eXp Realty, you have access to an arra
"Very knowledgeable about the area. Very quick response time to return phone calls. Best realtor I've ever had the pleasure of doing business with. Whenever I decide to list my property (probably in 4 or 5 years) I'm definitely using Mark."