Next week I will be releasing two beautiful and unique properties in Wellesley and I can already feel the strong demand for them through agents contacting me for more information.
I believe all this positive news locally builds the case against a housing market crash. An historic view nationally of the inventory and number of foreclosures by Keeping Current Matters (charts below) clearly shows the healthier climate we are in now compared to the 2008 crash. The red lines below are in the range of the last crash- a dramatic point and reassuring as you look at the current time period in the blue. The supply numbers supports the claim, that there is nothing to crash because there are so few houses for sale!