You may have noticed headlines saying new home listings are the highest they've been since the 2008 housing crash. If that brings back memories, you're not alone. But here’s the full picture—one worth understanding.

New Construction ≠ Market Crash

Yes, the number of newly built homes on the market has climbed—and that alone can raise alarms. But focusing only on new builds misses the bigger picture. When both new and existing homes are combined—the total supply remains far below the excesses seen in 2008.

A Long Stretch of Underbuilding

Following the last crash, homebuilding dropped dramatically and stayed low for years. As a result, we’re still playing catch-up. Even with recent gains in new construction, experts estimate it would take around 7.5 years to fill the gap created by so many years of underbuilding.

What Matters Now

• Current inventory levels are not historically high when considering all homes for sale—just new ones.

• Regional differences still exist—some areas remain hot, while others have more options.

• Overall, this isn’t a sign of a market crash—but a sign of slow, cautious recovery in supply.

Bottom line: If you’ve seen new home supply trending upward, don't panic. That alone doesn’t point to a collapsing market. Want to see how new construction and resale trends are impacting your neighborhood? Let’s chat.