The Good Brigade
It was 2009 and the depths of the great financial crisis ("GFC"). U.S. home prices were in freefall, foreclosures reached record levels, and it seemed the real estate nightmare would never end.
It took a couple more
The Reality Of The Real Estate Market Right Now
Summary
- It took over a decade for U.S. home prices to reclaim their highs set in 2006.
- Prices have climbed steadily since, but took off in a spectacular way during the COVID pandemic.
- As prices cool in 2022, some believe we are headed for a real estate crash similar to what happened during the great financial crisis ("GFC").
- Anything is possible, but circumstances in 2022 make a GFC-style crash unlikely right now.
Managing Director at Bellwether Capital Management LLC • 20+ years industry experience • MBA • CFA charterholder • All opinions are my own and do not represent advice.
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