Will The Housing Market Crash in 2023?

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The housing market is heading into waters not charted in decades. We haven’t dealt with high inflation, rising interest rates, low supply, and rapidly increasing home prices in a long time.

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Looking back at the 2008 housing bubble, the issues resulting in the recession seem obvious today in hindsight. However, at the moment, almost nobody saw the housing market crash coming.

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Will the Housing Market Crash?

[{"selector":"#anim-ac786b63-41a9-4024-94a6-1c6d8c74107c","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba208c42-e3ab-4c87-900e-0b2b365c2525","keyframes":{"transform":["translate3d(0px, -99.64486%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86287b17-bd4b-4bef-be19-63149d9e441d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2030fb85-eba5-40ec-a15e-0b881f9ad04c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The housing market today is different from 2008. Many will say the differences mean there will not be another housing market crash. Learn more

Interest Rates

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Tighter Lending Standards

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High Demand and Low Inventory

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High Inflation

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The 2008 market was propped up by bad loans when inventory was far outpacing the need for housing. However, there are a few wildcards at play that are unknown that could result in a crash.

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