Sentences with phrase «during the housing bubble»

In other words, houses are currently more expensive now than they were during the housing bubble of the early 2000s.

• Today's prices: 29 percent below the peak reached during the housing bubble.

During the housing bubble people took loans against their equity and bought a boat.

Buy during a housing bubble, and when real estate prices return to normal, your REIT might drop in value.

That's how folks went bust during the housing bubble, and it's how they lost big bucks during the market collapse in 2008.

But he remains short - staffed, despite raising pay to levels above what he paid during the housing bubble a decade ago.

This ratio increased rapidly during the housing bubble and continued to increase until 2007.

In casual conversations of late, I've discovered that almost all my colleagues took out second mortgages during the housing bubble on the advice of experts.

Lenders have higher standards today than they did during the housing bubble.

As a result, two - thirds of the country is seeing even higher prices today than during the housing bubble years.

In other words, houses are currently more expensive now than they were during the housing bubble of the early 2000s.

That means house values in these cities have never been higher than they are right now — not even during the housing bubble.

The fact that consumers put little money down (and even had loans with negative amortization schedules, meaning the loan balance increased over time) to buy homes during the Housing Bubble of the early 2000s is seen as a huge factor in helping to fan the flames of the subprime mortgage meltdown and ensuing Great Recession.

«Many subprime loans during the housing bubble were made by nonbank mortgage brokers.

The President's proposed solution to the economic problems created by the easy loans made during the housing bubble requires banks and other lenders to keep 5 % of the loans they package and sell.

Every city on this list has been growing extremely fast over the past decade, with the majority passing peak home value hit during the housing bubble.»

The median sales price for all types of homes reached a record $ 236,400 in June, surpassing the peak median sales price during the housing bubble of $ 230,400, which was set in July 2006.

As local population patterns look more like the pre-bubble period, with accelerating growth in the suburbs and the Sunbelt, it becomes clearer that some of the population shifts during the housing bubble and bust were temporary and reflected the extreme housing cycle.

They question the rationality of participants in the mortgage market during housing bubbles — not just of the naïve borrowers, but of the sophisticated lenders as well.

In many US metros, ex-urban greenfield development during the housing bubble pushed the boundaries of commuting time / cost (think places like Santa Clarita or Vacaville in California, and Leesburg or Gainesville in NoVA) too far relative to the benefit of a cheaper $ / sf.

And so, the ability of the economy to bounce back from the distortion that was caused during the housing bubble is being hindered and the government's using it as an excuse to just grab all sorts of power.

Florida is one the «Sand States» that was hit hard during the housing bubble and crash.

Essays discussing the absurd valuations at the height of the tech bubble, and the miscalculations of investment banks, the Federal Reserve, mortgage lenders and others during the housing bubble.

Not surprisingly, the Wall Street Journal reports delinquency rates have doubled on lines opened during the housing bubble that have reached the end of their interest - only period.

As a fun fact, Professor Thaler made a cameo appearance in the movie «The Big Short» alongside pop singer Selena Gomez to explain the «hot hand fallacy» as it applied to synthetic CDOs (collateralized debt obligations) during the housing bubble prior to the financial crisis of 2007 - 2008.

The Fed might like to tighten to support the dollar, but having sat idle during the housing bubble, higher rates now would simply accelerate the pace of mortgage defaults.

If people had known during the housing bubble how little in the way of real housing they were getting for their dollar, they would have refused to pay the prices being asked and that refusal would have brought prices back down to reasonable levels.

Responsible lending fell by the wayside during the housing bubble.

Nir Kaissar at Bloomberg included the graph below to demonstrate that over time, except for a brief period during the housing bubble of the early 2000s, houses on a national basis have generated low positive real returns.

«After a home equity credit binge during the housing bubble, banks shut off the tap as home prices plummeted,» the Los Angeles Times reports.

They were especially prominent during the housing bubble of the 2000s but have become notorious due to the sub-prime mortgage crisis that reared it's ugly head in mid 2007.

However, back during the Housing Bubble, bankers were able to influence demand by making it EASIER to buy a home.

The underlying assumptions that support caveat emptor, the idea that sellers and consumers occupy equal bargaining positions and that they share access to the same information governing a loan product's quality or suitability, were simply untrue at the height of mortgage lending during the housing bubble.

While home price appreciation during the housing bubble peaked later and rose less steeply in Portland than it did nationally, home prices fell nearly as sharply.

While the former Massachusetts governor has been critical of the role Fannie and Freddie played during the housing bubble, he has avoided saying how they should be replaced.

In Denver and Boston, for example, home prices are now higher than the peaks reached during the housing bubble of the early to mid 2000s.

That means house values in these cities have never been higher than they are right now — not even during the housing bubble.

Even though it might appear to be difficult to accept for any individual who has watched the fortunes a few people made during the housing bubble, you won't really rake in huge profits when you offer your home.

If you bought your home during the housing bubble, you've probably seen its value plummet in recent years, particularly in Orange County.

In addition, while it wasn't uncommon for buyers of modest means to take out multiple loans during the housing bubble, enabling them to borrow the down payment, most borrowers today take out only one mortgage to finance their purchase and have to put some money down.

In Denver and Boston, for example, home prices are now higher than the peaks reached during the housing bubble of the early to mid 2000s.

There were also two instances of this syndrome that were not associated with a market plunge: January 2006 during the housing bubble (which ultimately led to a market collapse well below those levels), and November 2010, just as the Fed was initiating QE2 (which still did not prevent the market from trading at lower levels about 9 months later).

After a market slide of more than 50 %, investors again pushed the Shiller multiple beyond 24 during the housing bubble and cash - out financing free - for - all that ended in the recent mortgage collapse.

Millions of Americans over-extended themselves during the housing bubble.

During the housing bubble, home prices in Portland, Oregon peaked in July 2007.