Friday, August 26, 2022 / by Jeff Green | Ricardo Jimenez Realtors®
What Does a Recession Mean for the Housing Market? [INFOGRAPHIC]
- If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
- In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
- If you have questions about buying or selling a home in today’s market, let’s connect.