A Recession Doesn’t Mean a Housing Crisis

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There’s a lot of talk about a recession lately and how the odds of one are rising.

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If you’re wondering what that means for the housing market, here’s what the data tells us. While you may remember the price crash in 2008, that’s not the norm.

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Looking back all the way to 1980, home prices usually rise and mortgage rates tend to fall.

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If you have questions about buying or selling a home in today’s market, let’s have a conversation.

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‍Source: Keeping Current Matters

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Keeping Current Matters is a trademark of Keeping Current Matters, Inc. CrossCountry Mortgage, LLC; its subsidiaries; and its affiliates have not been authorized, sponsored, or otherwise approved by Keeping Current Matters, Inc. or any of the above-mentioned companies.

Additional Resources

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History Shows the Housing Market Always Recovers

Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market.

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Should You Still Expect a Bidding War?

If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go.