Although the housing market is booming and mortgage applications increasing by 40% to a three-year high, insight from Forbes [1]found investors may still be wary of investing in housing.
“I understand why no one wants to hear about housing. But you should want to hear about housing, because the evidence is overwhelming,” the article states.
Rebounding from the housing crash of 2008, Forbes states that 2018 was also a “terrible year for housing,” as mortgage rates rose for the first time in five years, and the U.S. Home Construction ETF dropped 32%.
The report, however, states that the market is…