6 Simple Graphs Proving This Real Estate Boom Is Nothing Like Last Time
There are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic differences.
There are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic differences.
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.
Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current on their payments, many have not.
For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way…
According to experts, the economy will begin to recover in the second half of this year. With real estate as a driver, that recovery may start sooner than we think.
The Employment Situation Summary was definitely a pleasant surprise, and evidence that the country’s economic turnaround is underway.
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way:…
The experts note a turnaround is on the horizon, starting as early as later this year.
Every time a home is sold it has a tremendous financial impact on local economies. As the real estate market continues its recovery, it will act as a strong tailwind to the overall national economy.
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health…