Oklahoma State Home Builders Association

An Affiliate of the National Home Builders Association

5 reasons a 2007-like housing meltdown is unlikely now

 
Posted on January 18, 2016 by By Carol Hartzog Communications

Housing Headlines

 

By Daniel Goldstein
Copyright ©2016 MarketWatch, Inc. All rights reserved.

When it comes to investing in the stock market, you may lose your shirt, but you probably won’t lose your home. In fact, when the equity market gets rough, real estate tends to be a life raft for investors seeking safety.

“Real estate is Americans’ preferred investment for money that they won’t need for at least 10 years and that hasn’t changed,” said Greg McBride, chief financial analyst with New York-based Bankrate.com. “Nervous investors always look to real estate rather than shy away from it in times of volatility.”

While stocks around the globe are off to a rough start in 2016, it doesn’t necessarily mean déjà vu all over again, at least ... Read the entire post at MarketWatch.com

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