Ten years ago a a real estate bubble burst that caused roughly 8 million homes to be lost to foreclosure.
Since then, there's been a sustained recovery that, while sometimes slower than what's been desired, has gradually brought us to where we are now.
Where are we now? Home prices are up (at all time highs in some markets), foreclosures are down to pre-recession levels, most people who want a job have one, and the stock market is at historic highs.