Sentences with phrase «like during the housing boom»

Just like during the housing boom, they are buying distressed properties, doing quick rehabs and selling them for a fast profit...

Not exact matches

ARMs are a slightly more risky option, because they will adjust over time, but today's ARMs are nothing like the ones underwritten during the heady days of the last housing boom, when lenders often required no down payments and no documentation.

But house prices, while setting records and sitting among the most expensive in the country, have not grown as much over 10 years as other metros like Dallas, Houston, and Austin, which had less of a run - up during the housing boom of the mid-2000s.

Behind the affordable conditions are low interest rates, which today are below 5 percent, and home prices that, while rising in some areas (like booming North Dakota), remain quite a bit below their peak during the housing boom.