08/28/2026
2008 comparisons miss one major number: homeowner equity.
Back then, equity and mortgage debt were nearly even. Today, homeowners hold $34.9 trillion in equity compared with $14.4 trillion in mortgage debt. That gap gives many homeowners a meaningful cushion and more options if selling becomes necessary.
If crash fears have kept you waiting, let's look at what's happening in our local market and talk through what a move could mean for you.