A new JPMorgan Chase report examines the effects of mortgage modification programs in the aftermath of the Great Recession. How much difference did these programs make, and what can they tell us about the borrowers who made use of them?
Read More »Home / Tag Archives: Great Recession (page 5)
Rising House Prices Trail Pre-Housing Bubble Levels
Home prices have been on the rise in many markets, spurred by inventory shortages and lower interest rates. But how do real home prices compare to where prices were at before the bubble and the Recession?
Read More »September Consumer Confidence Rises to Highest Post-Recession Level
September's increase in confidence is the result of optimistic outlooks on the overall economy and personal incomes. In fact, of the two components that make up the overall consumer sentiment index—consumer expectations and current conditions—a rise in the former is solely responsible for the positive movement in September.
Read More »Report: Millennials Can Still Make a Difference In Housing
That gain in younger household formations is expected to translate to $1.6 trillion spent on home purchases and $600 billion spent on rent in the next few years—more on a per-person basis than any other generation.
Read More »