Similar Stories to It’s Not A Housing Bubble, It’s Just Expensive on Bing News

Home prices have hit record highs in some major U.S. metropolitan areas, and house-flippers are behaving like it’s 2005: [...] residential real estate isn’t in a speculative bubble, industry observers contend. “The havoc during the last cycle was the result of building too many homes and of speculation fueled by loose credit,” said Jonathan Smoke, chief economist at Realtor.com. To illustrate his point, Smoke compiled an index based on six factors he deemed crucial to the housing boom and bust of the mid-2000s, including price appreciation, the prevalence of house-flipping, and share of buyers who used mortgage financing. [...] the share of U.S.

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BING SEARCH:
  • What Is a Housing Bubble?
    A housing or real estate bubble is a run-up in housing prices fueled by demand, speculation, and exuberant spending. Housing bubbles usually start with increased demand in the face of...
    05/22/2024 - 8:24 am | View Website
  • Real-time market monitoring finds signs of brewing U.S. housing bubble ...
    Monitoring emergence of housing bubbles in real time. An asset—in this case, housing—is in the primary expansionary phase of a bubble when price rises are out of step with market fundamentals. Rapid real house-price appreciation, such as that observed now, does not in itself signal a bubble.
    05/21/2024 - 3:56 pm | View Website
  • Causes of the 2008 Housing Crisis: Bubble and Crash
    00:00. Wharton's Susan Wachter and Benjamin Keys discuss the impact of the subprime lending and housing crisis. The U.S. is not about to see a rerun of the housing bubble that formed in 2006 and 2007, precipitating the Great Recession that followed, according to experts at Wharton.
    05/20/2024 - 8:44 pm | View Website
  • Housing boom in most of the US could ease shortage, but cost is ...
    Construction workers build a new home in 2021 in Houston. Almost 5 million new housing units, mostly single-family homes, have been added nationwide since 2020, according to new data. Texas is a ...
    05/20/2024 - 6:03 am | View Website
  • The History Behind America’s Affordable Housing Problem | TIME
    March 25, 2024 10:48 AM EDT. T he U.S. has a housing crisis — one only growing more serious with each day. In the District of Columbia, a recent report by the Urban Institute found that 12% of...
    05/20/2024 - 5:27 am | View Website
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