In this solo episode of The Real Estate Lens, Ryan Richards tackles the question on everyone’s mind: are we headed for a housing crash like 2008, or will prices hold firm? Pulling from lending data, supply and demand dynamics, and on-the-ground trends, Ryan explains why today’s market looks very different from the last crash and why outcomes are highly local.

He breaks down why the Northeast is behaving differently from many Sun Belt and Western markets, how tighter post-2008 underwriting and the lock-in effect are shaping supply, and why builder behavior, migration patterns, and mortgage rates will determine what happens next. If you want a clear, practical framework to interpret headlines for your own market, this episode is your playbook.

What you’ll learn:

• The two core drivers of home values and how they differ by region
• Why today’s mortgages and underwriting standards make a 2008 repeat unlikely
• How inventory, new construction, and builder risk tolerance affect pricing
• Why some Sun Belt markets corrected while much of the Northeast stayed resilient
• How the lock-in effect limits listings and what could change that
• The mortgage rate levels that may unlock seller movement and new buyer demand

If you are buying, selling, or investing, this episode helps you zoom out from the noise and make decisions based on market structure, not headlines.

Interested in connecting?

HOST
Ryan Richards | Branch Manager, Northpoint Mortgage | NMLS 1987735
[email protected] | www.financewithteamrichards.com
204 Turnpike Rd, Westborough, MA 01581
Licensed in MA, CT, FL, NC, NH, PA, RI
Follow us on Instagram @financewithteamrichards