Business Insider -
2 Mar 2018 15:10

Microgen/Shutterstock American households lost $16 trillion in net worth during because of the housing andcredit crisisof the late 2000s, according to CoreLogic. Since that crisis, there's been a long and slow slog to recovery. Compared to the peak of the national housing market in 2006, US home prices are about 1% higher on average. But many states still have home prices in the red compared to where they were at the top. To be clear, home prices at the pre-crash peak were far from normal — th...
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