Prior to the well - publicized burst of the housing bubble and the resulting real estate crash that began in earnest in 2007, historical housing price data from the National Association of Realtors (NAR) seemed to support the theory of endlessly rising prices. (investopedia.com)
By now, the fantastic burst of the housing bubble is old enough news that we've all become acquainted with the notion that some otherwise law - abiding, good - hearted, all - around nice people have decided to simply stop paying their mortgages and walk away from their homes. (legalblogwatch.typepad.com)
But the residential construction industry has remained sick since the bursting of the housing bubble in the late 2000s, even as home prices recovered. (fortune.com)