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2021 Housing Market Prediction - Boom or Bust?

After a year like 2020, there's no telling what's in store for 2021. Some are predicting the end of the bull run in the housing market and it will come to a crashing halt this year. Others see the same upward trajectory to continue. There are also a lot of people out there relating our current housing market to 2008 and the housing bubble that was associated to the 2008 housing market crash that led to the great recession. ⏰ Timestamps ⏰ 0:00 - Intro 1:07 - Factors that Impact The Housing Market 2:43 - What Caused the 2008 Crash? 6:43 - Current Environment in 2021 7:10 - Current Inventory (supply/demand) 8:00 - Affordability 9:47 - Interest Rate Impact 10:53 - Current Economy 12:04 - Forbearance Impact We'll address some of the key indicators that resulted in the 2008 crash and compare/contrast the differences that we're seeing in the market in 2021. Lastly we'll share our thoughts in terms of predictions for the rest of 2021 based on key indicators. If you have other thoughts or think we skimmed over something, please share your thoughts in the comments below! Hope this was helpful! Let's Connect on Social: Facebook:   / tylerwehrung​   Instagram:   / ​   https://www.tylerwehrung.kw.com​ Download my app! - http://bit.ly/TylerKW