Landlording & Rental Properties

How the Housing Crisis is Affecting Lenders and the Economy as a Whole

Expertise: Real Estate Marketing, Personal Development, Real Estate News & Commentary, Mortgages & Creative Financing, Real Estate Investing Basics, Landlording & Rental Properties, Flipping Houses, Personal Finance, Business Management
301 Articles Written
I’m a bit short on time today, so I’ll share with you a few of the headlines that stand out to me regarding the economy and housing . . . How Housing is Affecting the Economy Dollar Drops to All-Time Low Against Euro on Weak Economic News From Washington – “The dollar fell to a [...] View the full article: How the Housing Crisis is Affecting Lenders and the Economy as a Whole on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of
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    David Lorti
    Replied over 12 years ago
    Thanks for monitoring developments in the industry. As a realtor in the Phoenix area, I appreciate finding this information to review. D Lorti
    David Lorti
    Replied over 12 years ago
    Thanks for monitoring developments in the industry. As a realtor in the Phoenix area, I appreciate finding this information to review. D Lorti
    Marcus
    Replied over 12 years ago
    Just a quick thought on the weak dollar and its effect on housing. I could really see a pickup of foreign investment in U.S. real estate because of this. Some of the markets that seem expensive to us, can be fairly cheap to an overseas investor because of the exchange rate. It’s possible that will help create a floor. Now, I’m not talking about single family homes, but for some larger apartment buildings, it sure looks like an attractive place for a newly rich foreigner to look at.
    Watch Heroes
    Replied over 12 years ago
    The Euro money is on top of the Dollar for a long time here in Europe,almost all business men put accent on the Euro. And i see in this article and scares me in kind of way that houses is affecting house lenders and that’s not a good thing at all !! i hope they should maintain it well in the near future!
    Rick Marnon
    Replied over 12 years ago
    I like the article. It definitely provides us with good information about the industry as a whole. I am a real estate agent as well as a mortgage lender, so it always helps to know what is going on so you can make educated guesses as to what we think the market is going to do.
    Matthew Anton
    Replied over 12 years ago
    seems the worst is yet to come. The stockmarket is doing really bad lately, and the homes by me can’t be sold..been on the market for a year. Is this the start of a depression? I hope not but there’s a lot of doomsday type predictions surrounding this..and the fact the American dollar isn’t worth anything.
    Real Estate Attorney Miami Florida
    Replied over 12 years ago
    Rough headlines. Realtors tell me that such headlines cause more people not to buy than the actual economic situation, about which nobody seems to be clear. It seems to be somewhat irresponsible reporting, for example: “…Economists don’t see any sign that the drop will end soon, and some see it intensifying in the coming months.” Did they expect to see signs, and now don’t, or would they normally not see signs? Have the indicators shifted? How many economists is “some?” Half? One out of five” Likely such blanket statements do a disservice to the public and increase peoples’ fear.
    Tim Wieneke
    Replied over 12 years ago
    The markets I invest in remained relatively flat throughout the boom– relative to the ‘hot’ markets, that is. They appreciated between 6% and 8%, but I could buy properties that actually cash flow. I’m still doing that, and the best part is- while many formerly hot markets cool, and even contract- I’m still enjoying the same 6% to 8% appreciation with positive cashflow. However, the hysteria has spooked other buyers and has the sellers running scared– which means I’m getting even better deals.
    Tim Wieneke
    Replied over 12 years ago
    The markets I invest in remained relatively flat throughout the boom– relative to the ‘hot’ markets, that is. They appreciated between 6% and 8%, but I could buy properties that actually cash flow. I’m still doing that, and the best part is- while many formerly hot markets cool, and even contract- I’m still enjoying the same 6% to 8% appreciation with positive cashflow. However, the hysteria has spooked other buyers and has the sellers running scared– which means I’m getting even better deals.
    Orlando Real Estate Investments
    Replied over 12 years ago
    I think that we still have a long way to go before we see the end of this mess. However I still think that there are good buys out there now. We have been seeing renewed interest in the real estate market by our European clients.