Real Estate Blog - recession

A Recession Doesn’t Equal a Housing Crisis

Posted by Vicki Flyth on May 2nd, 2023

A Recession Doesn’t Equal a Housing Crisis

May 2, 2023

PricingInterest RatesHousing Market Updates

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting:

“. . . the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years.” 

While a recession may be on the horizon, it won’t be one for the housing market record books like the crash in 2008.…

218 Views, 0 Comments