Is HousingWire legit?
HousingWire.com is the leading independent source for news, commentary and analysis covering the entire mortgage, real estate and housing economy. Staffed by a core team of experienced journalists and editors, HousingWire.com delivers breaking news and opinions on U.S. housing and mortgage finance.
Is real estate going down in Florida?
By November 2021, there were 14,000 houses worth that amount, a 60 percent decline, according to the national real estate brokerage Redfin.
How is the real estate market in Michigan?
After pandemic lockdown orders brought construction to a screeching halt, the real estate industry is still trying to meet a high demand with lower than average supply. Overall housing inventory in Michigan is 54% lower than 2019, according to November data from Realcomp.
What led to the housing bubble of the early 2000s?
A housing bubble a sustained but temporary condition of over-valued prices and rampant speculation in housing markets. The U.S. experienced a major housing bubble in the 2000s caused by inflows of money into housing markets, loose lending conditions, and government policy to promote home-ownership.