1) Lending standards are really strict now. No more “no doc” loans.2) People have an all time equity in their homes. They are not walking away. They will sell instead.3) There is a shortage of homes now unlike 2009. Supply and demand.
1) Lending standards are really strict now. No more “no doc” loans.2) People have an all time equity in their homes. They are not walking away. They will sell instead.3) There is a shortage of homes now unlike 2009. Supply and demand.