housing inflation: 5 Reasons Why There is not Another Real Estate Bubble
- 03/10/21 08:48 AM
Real estate watcher and market predictor Keeping Current Matters has published some valuable graphs that will allay some fears that consumers have. Fears that the super hot Chicago North Shore market will create another bubble - like the pre-recession period leading up to 2007-8.
Covid is one factor which stimulated the rush to buy, but there were key characteristics of that period that are simply not present this time.
MORTGAGES
Mortgages were extremely easy to get back then and lenders were willing to take on high levels of risk. Not so now where qualifying for a loan is much harder.
HOUSING PRICES
Homes in Chicago's … (1 comments)
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Real estate watcher and market predictor Keeping Current Matters has published some valuable graphs that will allay some fears that consumers have. Fears that the super hot Chicago North Shore market will create another bubble - like the pre-recession period leading up to 2007-8.
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