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Housing economists point to five main reasons that the market will not crash anytime soon: low inventory, lack of new-construction housing, large amounts of new buyers, strict lending standards ...
It’s not just the housing market that’s depressing Americans. Broader worries about the economy are now weighing on sentiment. In the latest survey from Fannie Mae measuring housing sentiment ...
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...
The housing market has a problem—millions of them. The country is short between 3.5 and 5.5 million housing units, according to various estimates.The roots of the shortage go back to the ...
“A crash happens with oversupply,” Yun says. “A 30 percent decrease will not happen, because there isn’t enough inventory.” He believes the housing supply will balance out within five years.
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Single-family housing starts, which account for the bulk of homebuilding, plunged 6.9% to a seasonally adjusted annual rate of 970,000 units last month, the Commerce Department's Census Bureau said.
Never one to shy away from honest advice, Dave Ramsey firmly explained his thoughts on a so-called housing market crash. On The Ramsey Show, the popular finance guru sternly told a recent caller,...