A Window of Opportunity for HomebuyersMortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the
A Recession Does Not Equal A Housing Crisis
Dated: August 30 2019
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Some Highlights:
There is plenty of talk in the media about a pending economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
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