Thursday, April 18, 2024 | The Latest Buzz for the Appraisal Industry

By Region, Lowest-Priced Homes Survived Housing Crisis

By xhevrije

Lower-priced homes stood a better chance at survival during the 2006-2009 housing crisis, according to an Urban Wire blog post by the Urban Institute and authors Jun Zhu and Bing Bai. Not only did cheaper homes recover more quickly from the bust, according to national averages and location data found by the Urban Institute, cheaper homes became more expensive during the boom as well.

The post By Region, Lowest-Priced Homes Survived Housing Crisis appeared first on theMReport.com.

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