Aerial view of a leafy residential neighborhood with closely spaced homes and varied rooftops.

A Recession Doesn’t Mean a Housing Crisis

Infographic comparing home price and mortgage rate changes during six recessions since 1980.

 

Some Highlights

  • There’s a lot of talk about a recession lately and how the odds of one are rising. 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. Looking back all the way to 1980, home prices usually rise, and mortgage rates tend to fall.
  • If you have questions about buying or selling a home in today’s market, connect with a real estate agent.
Real estate agent at a desk, holding her glasses beside a Compass laptop.

Connect With Dana Rae

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact Dana today to discuss all your real estate needs!

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