Analysts: Chances of Another Housing Bubble Are Low

As housing prices continue to climb to prerecession levels – 31 of the top markets in the U.S. -re ached that last year, the questions becomes: haven’t we seen this before?

According the recent reports from Freddie Mac and the answer is: No.

Analysts point out that current lending standards are much stricter than they were ten years ago when subprime rates and low documentation requirements were common.

In addition, Americans have sigificantly better credit scores than they did in 2006 and the job market remains stronger.

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