- The sky is falling, the sky is falling. If your friend loses his job it is called a recession if you lose yours it is a depression. Throughout history, one could find the bad and good going on simultaneously in your city, state or the country do not let your heart be troubled. Owning a home beats all other ways against a recession or depression. READ ON
History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]
Some Highlights
- It’s important to understand history proves an economic slowdown does not equal a housing crisis.
- In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
- If you have questions, connect with a real estate professional to discuss why today’s housing market is nothing like 2008.
Bottom Line "There Is A Realtor For That"
If you’re ready to buy or sell a home Charles Stallions with over 27 years of experience will give you expert advice on your specific situation.
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