What do YOU think a housing market crash is? Actual housing market crash numbers!
Is there a definition for “housing market crash?” We did some digging and it looks like YOU get to decide how big the housing market crash percentage is in order to have a housing market crash. We run actual housing market crash numbers for the median home price for home value drops of 10% to 50% at the national level and in California. We show when the median home price last matched these housing crash values. And stick around to the end to see how far the housing market crash has to go to match the lowest median home price value of the Global Financial Crisis.
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