20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why
Pro Builder
OCTOBER 3, 2022
While a sudden slowdown could cause price drops of 10% to 15% nationally, strong employment gains and equity cushions will prevent a crash similar to the 2010 housing bubble and bust, Realtor.com reports. trillion of home equity, or more than two-thirds of the $9.5 trillion in housing wealth gained during the pandemic.
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