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

Dated: March 24 2020

Views: 120

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

What Does 2021 Have in Store for Home Values???

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the

Read More

Learn The 4 Reasons People Are Buying Homes in 2021

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many

Read More

3 Must-Do’s When Selling Your House In The New Year

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental

Read More

It’s Important to Price Your House Right Today

Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the 

Read More