While risks in the home mortgage market contributed to the Great Recession a dozen years ago, the current economic crisis has been caused by an entirely unrelated factor. Sure enough, mortgage data from earlier this year shows that the market was in a much better place than before 2008. Numbers compiled by venture capital firm Thomvest Ventures for a new report (which also showed large drop-offs in showing and pending sales since March) illustrate the
source https://therealdeal.com/2020/05/05/trd-insights-us-housing-market-was-better-prepared-for-this-recession-report/
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