Wondering why home financing relaxed in the years following Y2K? In the third of a four-part series, Sal describes the investment phenomenon between 2000 and 2006 that allowed more people to bid on homes and increased demand...

The last of four videos, this clip explains why there were such low default rates at the beginning of the 21st century, and the effect this had on the market. Sal breaks down the options for a homeowner who can no longer pay a mortgage...

Why did lending standards become more and more lax from 2000 to 2006? Discusses how money was lent for mortgages and how ratings agencies work. [9:49]

The virtuous circle of housing price appreciation making defaults go down, making lending lax, making housing appreciate even more. [6:54]

How lower lending standards led to housing price inflation. [8:55]

Why did housing prices go up so much from 2000-2006 even though classical supply and demand would not have called for it? [9:21]

A short sale occurs when someone wants to sell a home, but owes more on the home than its value. We explore some of the major considerations that go into a short sale in this video. [6:33]