Housing economists point to tight supply, modest price gains and firmer lending standards rather than a repeat of 2008.
A Los Angeles Times analysis says today’s buyers look safer on paper than the 2005 cohort, but affordability remains brutal.
New Zillow figures point to more inventory, more reductions and fewer bidding wars in the starter-home market.
Public builders are still leaning on discounts and mortgage help, but the sharpest jump in incentives appears to have leveled off.
Freddie Mac’s latest reading and a subdued bond market suggest borrowers should not expect much near-term easing.