What Would a Recession Mean for the Housing Market?
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we w
The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year:That data shows more than half of the U.S. population live in a home they own, and
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Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]
Some HighlightsMany people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways.First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say
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