Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, … [Read more...]
Recessions Do Not Equal a Housing Crisis [INFOGRAPHIC]
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 … [Read more...]
This Time is Different – An Economic Recession Will NOT Cause a Housing Crisis
If you're thinking about buying or selling a home, you may be wondering how the housing market will be impacted by a recession. Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. … [Read more...]
