There’s been a lot of news surrounding an impending recession recently. However, the same experts predicting an economic slowdown also believe it will not be caused by the housing market.
Did you know that of the last 5 recessions, 3 didn’t have a negative impact on housing prices?
The last recession, which is what most people remember, was directly tied to the mortgage crisis, so it had a significant impact on the housing market.
If you’re thinking of buying or selling, there’s no need to panic. Let’s get together to talk about what’s really happening.
Sources for Data in Video
- https://pulsenomics.com/Q3_2018_HPE_Survey.php
- https://www.wsj.com/articles/economists-see-u-s-recession-risk-rising-11547132401
- https://www.cfosurvey.org/wp-content/uploads/2018/12/Q4-18-US-Toplines.pdf#page14
- https://kaylynnkelley.com/wp-content/uploads/sites/20265/2019/08/286fb75e-4f63-46ac-b351-7f6e78c57f67.pdf
- https://www.corelogic.com/blog/2019/03/housing-recessions-and-recoveries.aspx
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