Home Prices Boom 10 Years After Housing Crisis

Home Prices Boom 10 Years After Housing Crisis

New report reveals surprising data as prices return to bubble levels

SANTA CLARA, Calif., Nov. 13, 2017 /PRNewswire/ -- Home prices have returned to the boom levels of a decade ago -- which foreshadowed the bursting of the real estate "bubble" and the onset of The Great Recession -- but today's housing market is starkly different, according to data released today from realtor.com?, a leading online real estate destination. Backed by tighter lending standards and more solid economic fundamentals, current price appreciation is being driven by strong supply-and-demand dynamics with no signs of boom era flipping or over-construction.

On the surface, today's housing market looks suspiciously similar to the pre-recession years with rising home prices and feverish buyer demand. However, a deeper analytical assessment reveals .....READ MORE


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