A Recession Doesn't Equal a Housing Crisis
If you're following the news, you might be wondering what could happen to the housing market if there's a recession.
Here's what the data tells us about recessions and home prices.
Home prices only fell twice in the last 6 recessions: In 1991 -1.9% and in 2008 at -19.7%. During the other 4 prices actually appreciated.
Let's connect today to discuss why history shows a recession doesn't equal a housing crisis and why 2008 wasn't the norm.