When the housing market crashed in 2008, the average home lost over a quarter of its value, and many Americans were financially devastated, especially those who had bet their entire financial future on the house flipping craze. Flippers who had been making hundreds of thousands of dollars on each house they flipped were going bankrupt, stuck with houses that were rapidly depreciating in value.
So many of us wondered, would the housing market ever truly recover? According to a recent Forbes article, the answer is yes! Check out this article by Forbes contributor Stephen McBride and find out why the current housing boom is only beginning – The Biggest Housing Boom In History Has Just Begun!