A Recession Does Not Equal a Housing Crisis - Check This Out

Dated: March 24 2020

Views: 109

A Recession Does Not Equal a Housing Crisis | MyKCM

Some Highlights

  • The COVID-19 pandemic is causing an 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.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.
Blog author image

Sheri Edwards

I am a Texas Native that is happy to be back in God's country after 8 years out of state. I have three boys, an amazing husband, and two crazy golden doodles. My passion is making a difference in th....

Latest Blog Posts

Do You Need to Know More about Forbearance and Mortgage Relief Options???

Do You Need to Know More about Forbearance and Mortgage Relief Options?Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners

Read More

5 Secrets Buyers and Sellers Must Know About Virtual Home Tours!

For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated to investors expanding their portfolio to

Read More

Move-Up vs. Second Home: Which One Is Right For You??

The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home. According to a recent survey by

Read More

Ever Wonder What eXp Stand For?

The etymology of a company’s name is always enjoyable to dissect and here at eXp Realty, it’s no different. As a matter of fact, we hear these questions a lot: What does

Read More