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For The Love of People and Real Estate
  • About
    • The Beck Team
    • The Code of Ethics: 100 Years of Professionalism
  • All in, for you
  • Blog
  • COVID-19 Resources and Information
  • Podcast – Missoula Real Estate Today
  • Testimonials
  • Seller Resources
    • Seller’s Guide Spring 2020
    • Know the Value of Your Home
    • Marketing Your Property
  • Buyer Resources
    • Buyer’s Guide – Spring 2020
    • Community Resources
  • Missoula Neighborhoods
  • Real Estate by The Beck Team
  • Home
  • Your guide to all things Missoula!
  • Make It Missoula
  • We’re open for business!
inception-app-prod/YjA1MmZmY2EtZjZkNS00Y2JmLWI0NDEtYWE0ZTgwOTVhOTY2/logo/2018/03/THE %282%29.png
For The Love of People and Real Estate
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Housing Prices Are Not Heading For Another Crash

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Diane Beck,12/21/2017

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices?

Are prices appreciating at the same rate that they were prior to the crash of 2006-2008? Let’s look at the numbers as reported by Freddie 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.

We must also realize that, to a degree, the current run-up in prices is the market trying to catch up after a crash that dramatically dropped prices for five years.

Bottom Line

Prices are appreciating at levels greater than historic norms. However, we are not at the levels that led to the housing bubble and bust.

If you're considering listing your home, give us a call to discuss the market and your options: 406-360-7654.

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Windermere Real Estate
2800 South Reserve St.Missoula
MT 59801
406.360.7654
dianebeck@realtor.com

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  • All in, for you
  • Blog
  • COVID-19 Resources and Information
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  • Testimonials
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  • Missoula Neighborhoods
  • Real Estate by The Beck Team
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  • Make It Missoula
  • We’re open for business!

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