Angela Chaney - Realtor

Have you heard? In 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.

If you want to compare buying and renting a home in our area, DM me and let’s take a look together.



Have questions? Let's chat, shoot me a message!

Two Reasons Why the Housing Market Won’t Crash

You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now.

1. Demand for Homes Is Higher than Supply

One of the biggest reasons the housing market crashed back in 2008 was an oversupply of homes. Today, though, it’s a very different story.

It’s a general rule of thumb that a market where supply and demand are balanced has a six-month supply of homes. A higher number means supply outpaces demand, and a lower number means demand outpaces supply.

2. Unemployment Is Still Low

When people are unemployed, they’re more likely to have trouble making their mortgage payments and may be forced to sell or face foreclosure. That was a big problem during the 2008 financial crisis. Today, the...



Have questions? Let's chat, shoot me a message!

Two Reasons Why the Housing Market Won’t Crash You may have heard chatter recently about the economy and talk about a possible recession.

Have you heard? Housing affordability is improving. And there are three main reasons why.

Mortgage rates are trending down, home prices are moderating, and wages are climbing.

If you put your search on pause because it was too expensive to buy, let’s chat about why now may be the perfect time to jump back in.



Have questions? Let's chat, shoot me a message!