Here's Why the Housing Market Isn't Going To Crash

Today’s housing market is different than it was in 2008. It used to be easier to qualify for a home loan. Now, lending standards have tightened, so today’s buyers are more qualified. As a result, the number of foreclosures has significantly declined over time. At the same time, there is an undersupply of homes available for sale today, which helps keep prices from crashing. Home price gains have resulted in near-record amounts of equity, and that puts homeowners in a much stronger position.