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Mortgage rates are finally ticking downward, but at the same time, home prices are reaching historic highs. Economists predict that any market correction will be modest and not on the scale of the ...
Overall, in five years, he expects prices to have appreciated a total of 15 to 25 percent. McBride predicts home prices will average low- to mid-single-digit annual appreciation over the next five ...
Since the Great Depression, the next most dramatic economic crash of the day came in 2008-09, when the overinflated housing bubble burst, sending the U.S. economy into free fall and devastating...
But this isn’t like 2008 or 2010 again. It’s time for a 1980s history lesson. ... “Today’s housing market isn’t anything like the housing market of the mid ... While some economic ...
The current correction stands as the second largest in the post-World War II economy, behind the housing market crash and mortgage crisis of 2008. To put it into perspective, even a 20% drop in ...
While current conditions don’t point to a housing market crash, a few factors could lead that way, according to U.S. News & World Report. These include a drastic increase in unemployment, a ...
The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the 1929 Wall Street crash that began the Great Depression. Causes of the crisis included predatory lending in the form of subprime mortgages to low-income homebuyers and a resulting housing bubble, excessive risk-taking ...
While the housing market is finally starting to cool down a bit, there are persistent talks of a looming housing crash by several personalities -- such as Elon Musk and "Big Short" investor Dave ...