Why the Current Housing Market is nothing like 2008

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Many people continue to feel the effects of the housing and economic crisis of 2008, and there are comparisons being made to the current climate because it exhibits similar characteristics. In this article, we will discuss how the current situation is different from the crisis in 2008.
Welcome to TAR Life Podcast! In today's episode, we will be discussing the lasting impact of the housing and economic crisis of 2008 and the comparisons being made to the current climate. Despite similarities, there are key ways in which the current situation differs from the crisis of 2008. We will delve into these differences and provide insight into how to navigate the current market. Tune in to learn more. We also discuss some of the hijinks we get up to behind the scenes, including an upcoming skydiving adventure.

 

Creators and Guests

Erica Anderson
Host
Erica Anderson
Private Brokerage based out of Holly Springs, NC. Erica Anderson is the Founder of Team Anderson Realty, a third-generation REALTOR®
Melody Tate
Host
Melody Tate
Melody considers it a privilege and honor to help sellers and buyers achieve their real estate goals. As a Fuquay Varina and previously a Holly Springs resident, she knows southern Wake County and surrounding areas, inside and out. She began her real estate career in Raleigh and also knows all areas of Raleigh, Chapel Hill, Wake Forest, and the adjacent areas, very well. Melody was awarded the Top Producer award for the team in 2021 (a team ranked in the Top 10 via Triangle Business Journal) and was one of the top performers in the entire Team Anderson Realty Firm.
Christie Gearhart
Guest
Christie Gearhart
Christie brings a high level of experience in detail-oriented work with her background in mortgage fraud investigation; she spent the early part of her career at Freddie Mac working as a Fraud Analyst. As part of her training, she graduated from the John E. Reid School of Interviewing and Interrogation. The skills she learned were invaluable for conducting interviews and analyzing information. Her most important case involved illegal house flipping in the Atlanta area, comprising over 100 loans valued at over $14M. Through her investigative work, she was able to prove the loans were fraudulently obtained, which led to the repurchase of those loans and saved Freddie Mac millions of dollars in the process. Christie also has a background in accounting, most recently working for a local flooring company, as well as a local homebuilder. She has always had an interest in real estate and is excited to be learning the buy and sell aspect of the business after her experience in the mortgage industry.
JOSHUA VICK
Guest
JOSHUA VICK
Joshua Vick was raised in a family of REALTOR®s and Sales Professionals. This generational experience taught Joshua the ins and outs of business and negotiations, and most importantly, how to make each client feel like family. This background is the basis for Joshua’s success as a Realtor; he helps find his clients the best fit for their needs, and he also cares about them personally.
Why the Current Housing Market is nothing like 2008
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