08/13/2026
A lot of buyers and sellers are sitting on the sidelines because they’re worried we could be headed for another 2008. 🏡📉 But today’s housing market looks very different.
Back in 2008, homeowner equity and mortgage debt were nearly equal. Today, homeowners are sitting on **$34.9 trillion in equity compared to $14.4 trillion in mortgage debt.** 💰📈
That means many homeowners have a real financial cushion and more options if they need or want to sell. 🔑
So while the market may feel uncertain, the numbers don’t point to a repeat of 2008.
If fear of a housing crash has been keeping you from making a move, let’s talk about what buying or selling could look like for you right now. 📲🏠
📍 Jamaica Queens | Brooklyn | Long Island
🏡 Shawn Lipscomb | Licensed Real Estate Agent
🌐 www.ShawnLipscomb.com