Housing analyst Melody Wright predicts a worse crash than 2008, where home prices could fall 50% to match median incomes. The U.S. housing market shows a 42% jump in median home prices over the past decade, creating a wide gap with median household income of $83,730.

Zillow reports a 9.7% average drawdown in U.S. home values over the past year, hinting at a market shift. Wright warns that the correction could take several years to unfold, with a potential downturn beginning in 2026.

Treasury Secretary Scott Bessent and author Robert Kiyosaki also sound alarms about a housing market recession. Now may be a good time to start preparing for potential economic uncertainties.

Gold prices have surged over 50% in the past 12 months. Ray Dalio emphasizes gold’s role in a resilient portfolio. Consider investing in a gold IRA for tax advantages and potential protection against economic uncertainties.

Building a safety net with readily accessible cash is crucial ahead of a potential housing market downturn. Dave Ramsey suggests an emergency fund covering three to six months of living expenses. Consider a high-yield account like a Wealthfront Cash Account for growth and easy access to funds.

Everyone’s financial situation is unique, especially when facing economic uncertainty. Consider consulting a financial advisor like Vanguard to assess your goals and ensure your investments align with your financial objectives. Vanguard’s hybrid advisory system combines professional advice with automated portfolio management.

Read more at Yahoo Finance: US housing market poised to crash ‘worse than 2008,’ expert warns. And 50% plunge could start in 2026. Protect yourself