Millions of Americans Still Trapped in Debt-Logged Homes Ten Years After Crisis
Reuters, Sept. 14, 2018-Michelle Conlin, Robin Respaut
“The markets that came roaring back are the coastal markets,” said Mark Zandi, chief economist at Moody’s Analytics. He said land restrictions and sales to international buyers have helped buoy demand in those areas. “In the middle of the country, you have more flat-lined economies. There’s no supply constraints. All of these things have weighed on prices.”
