2007 Repeat In 2023 Real Estate Crash?
It is hard not to see all the media outlets painting a tolerable picture of what to expect in 2023. Most of the mainstream folks point to a possible 4%-6% value drop over 2023.
When this comes up, the favorite line seems to be "2023 is very different from 2007". What is interesting is if we actually take a look at the points they use to support this idea, every single one of them would tend to more accurately indicate that 2023 is more like 2007 than any of us would like.
So in todays show, we are going to chat about these claims and run down why, at the very least, there is a good chance that 2023 could turn out to be nearly as bad as 2007 - if not worse!
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My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible!
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