Buying a home doesn’t have to feel complicated!There are 6 basic steps to buying a home — from getting pre-approved to closing day. But there are a LOT of details in between.That’s
Recession Does Not Equal Housing Crisis -- Here's Why ...
Dated: September 18 2024
Views: 193
You might have heard that we could be heading into a recession, but don’t worry—history shows that an economic slowdown doesn’t always mean a housing crisis.
Remember 2008? That was a housing crisis and a recession — but it’s NOT the norm. The two don’t always go hand-in-hand. Believe it or not, in 3 of the last 5 recessions, home prices actually increased.
So, while it's wise to stay informed about economic conditions, don’t let fears of a recession lead you to believe the housing market is in crisis. If you have questions about the current market or how it might affect your plans, let’s chat!
Nancy David
I’m Nancy David, Realtor® with RE/MAX Universal, embodying the forward movement of real estate as a dedicated professional consultant. My approach to real estate is fueled by a genuine passion for ....
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