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A Recession Does Not Equal a Housing Crisis

  • Writer: MI Place Realty
    MI Place Realty
  • Sep 8, 2019
  • 1 min read




Some Highlights:

There is plenty of talk in the media about a pending economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.

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