These actions have prevented foreclosures and allowed some owners with government-backed loans to pause their mortgage funds for up to eighteen months. What a distinction a pandemic like Covid makes on the housing market, which advances in the opposite direction of what one would count on in a recession! We are unlikely to see a housing market crash similar to the one which occurred during the 2008 housing bubble. The financial factors resulting in that housing crash were a lot different than right now.

• If 2006 was a historic bubble, then present value levels should be looked at extra intently,” in accordance with J.P.
• “That was April 9, 1974 — the worst day of my profession,” said Aaron, who remembers fielding endless calls the subsequent day.
• There was a small spike within the every day numbers final week, but the 7-day common has been subdued because the peak in the