A Recession Doesn’t Mean a Housing Crisis

 

 

There’s been a lot of chatter lately about a possible recession and how likely it is. If you’re curious about what that could mean for the housing market, here’s what the numbers show. While the 2008 crash might be fresh in your mind, that was more of an exception than the rule. In fact, going back to 1980, home prices have typically gone up during recessions, and mortgage rates often come down. If you’re thinking about buying or selling and want to talk through what this all means for you, I’d love to chat.