Are you hearing all the talk about a recession and wondering what that would mean for the housing market? Here’s what the data tells us about every recession going back to the 1980s. While everyone remembers 2008, what happened then wasn’t the norm. That was the only time there was a big drop in prices. It hasn’t happened since. And mortgage rates? They usually come down – but don’t expect the return of 3%.
While the answer to the question of whether we’re headed toward a recession is uncertain, you don’t have to worry about what that would mean for housing.
What else are you hearing about the housing market that you’d like more information on? Let’s connect to explore your options today.
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