Housing Bubble
The recent housing bubble collapse has left many people in danger of losing their homes to foreclosure or bankruptcy. Homeowners and would-be homeowners expected the drastic rise in home valuations of the 90’s to continue .Real estate speculation during the property bubble was rampant. Refinancing and pulling the equity out of homes fueled a … Keep Reading → lot of consumer spending and debt. Many people bought multiple homes with the intention of flipping them for a quick profitable sale. When that did not happen and property values plummeted, many people found themselves facing bankruptcy and foreclosure on their properties. Learn more about the housing bubble and some survival strategies in this Hub.
