What Would a Recession Mean for the Housing Market?
Posted by Lynn Garafola on Tuesday, August 30, 2022 at 10:46 AM
By Lynn Garafola / August 30, 2022
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What Would a Recession Mean for the Housing Market?
Some Highlights
- 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; Click https://bit.ly/3AFPfM2 or Call Lynn (973)222-3777 to get started today!
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