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Many housing story lines tied to US home prices are making comparisons to the Great Financial Crisis. Median home prices are ~50% greater than the peak pre-crisis! Median home sales price growth is faster than the years leading up to 2008! While these headlines are factual, they are incomplete and misleading.
Guest speaker: Michael Schmeiser, President and CEO Arch Mortgage Insurance Company
By Tracy AshfieldMany housing story lines tied to US home prices are making comparisons to the Great Financial Crisis. Median home prices are ~50% greater than the peak pre-crisis! Median home sales price growth is faster than the years leading up to 2008! While these headlines are factual, they are incomplete and misleading.
Guest speaker: Michael Schmeiser, President and CEO Arch Mortgage Insurance Company