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| Where Are We Now? Data Shows Substantial Housing Progress Post-Recession |
| By Liz Dominguez |
Since the recession, the U.S. real estate housing markets have undergone a significant transformation, creating a booming real estate industry that is almost unrecognizable to the one we had just a decade ago. June marked the longest period of economic expansion for the country, reaching 121 months. What's happened in that time? According to a CoreLogic report, "The Role of Housing in the Longest Economic Expansion," the housing flip rate and home prices and rents are up. One of the biggest indicators of change, however, is the drastic dip in homes with negative equity. All of these improvements have been driven by several economic factors, such as low unemployment and rising GDP growth rates. ...
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The fastest way to crush the anticipation and excitement over a new homeowner's first significant improvement project is by hiring a bad contractor.
