Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare
The Close
MARCH 15, 2022
One year later, in September 2008 when Lehman Brothers—the nation’s fourth-largest investment bank—filed for Chapter 11 bankruptcy, it signaled the start of the largest real estate crash of our lifetime. Short sales and foreclosures quickly became the norm. It was like someone turned off Niagara Falls.
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