First American Chief Economist Mark Fleming is quoted in an article in U.S. News & World Report examining why we’re not headed for another housing crisis.
“Some people may feel skittish about rising home prices and apparent attempts to open the mortgage market to unconventional borrowers, but many industry experts say there is no reason to believe a repeat of 2006 is about to happen. "House prices have rebounded, and the jobs market looks quite good," Fleming says. "There's not a lot of data indicating another housing crisis."
Read the full U.S. News & World Report article