Housing Is Recouping Value Unevenly: Report
With the downturn long past, housing has gained its lost value—$9 trillion, according to a new report by Zillow. How the recovery has shaken out, however, is telling.
“A decade after the financial crisis, the scars of the housing bust are still with us,” says Aaron Terrazas, senior economist at Zillow. “The gap between the metros with the strongest and weakest housing market recoveries is as wide as it has ever been.”
How much markets have recouped varies wildly, th
Read more »