Cyclical vs. Linear U.S. Real Estate Markets – Who were the winners and losers during the last financial crisis?
When listening to the news media reporting on U.S. housing market trends, it is easy to confuse claims of the market being “up” or “down” to mean that the entire U.S. is just one big real estate market. The reality is that there are thousands of different fragmented real estate markets in the U.S., each…




