Why Rumors of a Housing Crash Don't Fly
Worried about a housing crash? The facts say otherwise. Unlike the 2008 crisis, today’s homeowners are financially stable, with record-high equity averaging $315,000 and foreclosure rates at historic lows. Thanks to tighter lending laws like the Qualified Mortgage (QM) rule, the risky practices of the past are gone. Before you buy into the crash rumors, check out why the housing market is stronger than ever.