Some people are worried about a Housing Market Crash because of low inventory, high prices, and high interest rates. But there is plenty of evidence that we are not headed for a Housing Market Crash. This article explains why (reprinted from Keeping Current Matters). Why Today’s Housing Inv...
It’s true that when the virus broke out, the flights were canceled, and due to lockdowns, the demand in the housing market went up. This will be discussed in detail later in thesehousing market predictions. Notably, the housing market is still doing pretty well in real estate. Many peo...
The housing market experienced modest but steady growth from the period of 1995 to 1999. When the stock market crashed in 2000, there was a shift in dollars going away from the stock market into housing. To further fuel the housing bubble there was plenty of cheap money available for new l...
It's true that when the virus broke out, the flights were canceled, and due to lockdowns, the demand in the housing market went up. This will be discussed in detail later in thesehousing market predictions. Notably, the housing market is still doing pretty well in real estate. Many peop...
For many, the memories are still fresh of the housing crisis of 2007 and subsequent foreclosure crisis. So, it’s not surprising that the media’s alarms go off when existing-home sales drop as they did recently. However, the fundamentals of today’s housing market are much different than ...
THE HOUSING market is not heading for a crash, the head of the estate agents' profession said today.
"People who own homes right now are in a good financial position generally," Fairweather said. "The criteria for getting a mortgage is really high. It's not like during the housing market crash when people were getting mortgages they had no business getting." ...
It was the worst housing market crash since the Great Depression. Many homebuilders went out of business. Claus was building houses in Florida when the bottom fell out. “A lot of my tradespeople found other work, went and got retrained for new jobs in law enforcement, all sorts of ...
According to a recent report released byATTOM, New Jersey is among one of the top three states expected to see a housing market crash in 2024. RELATED:Who owns more homes in New Jersey may surprise you Illinois and California are the other two states expected to see housing market trouble...
When Housing Markets Crash One of the main causes of theGreat Recessionthat followed thefinancial crisisin the mid-2000s was that the housing market crashed. This was due to the law of supply and demand.5 During the lead-up to the financial crisis, consumers were enjoying relatively low borr...