Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home.  …

Some HighlightsToday’s housing market is different than it was in 2008.Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity. …

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. …