The Surprising Thing These Recession-Proof Neighborhoods Have in Common

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The Surprising Thing These Recession-Proof Neighborhoods Have in Common

The Surprising Thing These Recession-Proof Neighborhoods Have in Common

It may seem obvious why some areas were hit harder than others when the housing bubble burst. Sure, many markets were more saturated with subprime mortgages — particularly those in the Sun Belt — but there’s another layer to this onion you may not have peeled back yet; the role of the Federal Housing Authority (FHA) loan.... Read More

The Pre-Recession Housing Problem That’s About to Slam Homeowners

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The Pre-Recession Housing Problem That’s About to Slam Homeowners

The Pre-Recession Housing Problem That’s About to Slam Homeowners

The home equity line of credit (HELOC) had been around for many years before it became a hugely popular financial product in the early 2000s. When the financial crisis happened in 2008, drastically lower home valuations put a stop to the HELOC boom, and today we see far fewer being issued by lending institutions. However,... Read More

American Homeownership Took a Dive Post-Recession

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American Homeownership Took a Dive Post-Recession

American Homeownership Took a Dive Post-Recession

Median home values took a hit across the U.S. following the recession, particularly in the most populated areas of the country. In fact, only four of the 50 least populous counties saw significant slides in median home values in the years following the recession, compared to 43 of the 50 most populated counties that experienced... Read More

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