The article concludes by describing the policy developments and initiatives designed to alleviate some of the challenges
resulting from the housing crisis, but notes that these alone are not enough.
TAKING THE HOUSING CRISIS BY THE HORNS Sonoma County, California, like many other highly coveted communities around the country and abroad, is
suffering from a housing crisis.
Deutsche Bank has reached a $ 95 million settlement with Maryland
stemming from the housing crisis that will funnel $ 80 million to provide new mortgages or mortgage relief to eligible consumers as well as help finance affordable housing.
While the pain from an imploding subprime auto loan market would be much less than what
ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.
As a result, reforming these policies could help boost home - buying activity in parts of the country, including the Midwest and South, which haven't recovered as
swiftly from the housing crisis.
In part because of President Obama's tough regulations that cracked down on the most reckless
practices from the housing crisis, responsible Americans can feel more confident and secure when they borrow money to purchase their own home.
Real estate crowdfunding is also a good option because some areas in the US are still recovering
from the housing crisis.
Our bill will keep communities safer and lessen the burden of municipalities still struggling to recover
from the housing crisis.»
BY MICHAEL CAHILL Four years later, the Hudson Valley is slowly recovering
from the housing crisis, but more problems are on the horizon.
Real estate markets across the country have largely recovered
from the housing crisis that began nearly nine years ago, with the Federal Housing Finance Agency reporting that home prices rose in every state in the first quarter of 2016, making it the fourth consecutive year home prices increased more than 5 percent nationally.
Chicago - area home prices tracked by CoreLogic were up 4.2 percent in September compared with a year earlier, as homeowners continued to recover
from the housing crisis.
As the economy begins to recover
from the housing crisis that led us into the worst recession in 80 years, many in the real estate and financial sectors are beginning to turn a worried eye toward commercial real...