Has the Real Estate Market Recovered from the Housing Recession?
The housing recession in 2008 rocked the country for homebuyers and homeowners alike. But where are we now?
According to HSH, an online lending marketplace, a majority of home prices have now returned to pre-recession highs in a majority of America’s largest housing markets.
75% of the nation’s largest housing markets have achieved a full price recovery in the second quarter of 2019.
And while 25% of the nation’s housing market has yet to regain its price recovery, a majority of the nation’s largest housing markets returning to pre-recession highs is positive.
As the year continues, experts will keep an eye on the shifting market and home price appreciation to see where the remaining 25% will land.
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