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What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

What Distinguishes Today’s Housing Slump From the 2008 Collapse? With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Thu, 09/08/2022 - 09:42.

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How Today’s Market Differs From 2008’s

Pro Builder

How Today’s Market Differs From 2008’s. Examining each of these fundamental pieces on their own, including how each has evolved to its current point and how they are different from 2008, can help us paint a bigger picture of a housing market positioned to see the boom of the past year continue to roll on. cbroderick. Read More. .

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Homeownership Rates Hit Highest Level Since 2008

Pro Builder

Homeownership Rates Hit Highest Level Since 2008. the highest rate since 2008 and the largest year-over-year increase ever. cbroderick. Wed, 07/29/2020 - 08:59. Homeownership rates are now 67.9%—the Last year, homeownership was at 64.1%, according to Redfin, which gathered data from the Census.

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US Housing Affordability Is Worse Now Than It Was in 2008

Pro Builder

In fact, according to the Federal Reserve Bank of Atlanta, housing affordability is worse now than it was at any point in the lead up to the housing bubble in 2008, but a number of housing experts say the worst of an affordability crisis may already be behind us.

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2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble

Pro Builder

2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble. Today's homebuyers are backed by high credit scores and more disposable income, and few are dependent on risky adjustable-rate mortgages which led to the 2008 bubble and subsequent bust. Mon, 05/16/2022 - 10:35.

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Construction Unemployment Reaches Lowest June Level Since 2008

Construction Business Owner

(July 5, 2013) -- The unemployment rate for construction workers fell below double digits in June for the first time since 2008 as every segment of the industry added employees, according to an analysis of new government data by the Associated General Contractors of America.

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New Home Sales Decline Despite Highest Inventory Since 2008

Pro Builder

New Home Sales Decline Despite Highest Inventory Since 2008. The total supply of new homes rose to its highest level since 2008 in February, but new home sales across the U.S. Thu, 03/24/2022 - 10:26. For-sale inventory is being added to a heated housing market at a lightning pace, but buyers are still reluctant to jump into the fray.