A Recession Does Not Equal a Housing Crisis

Does all this talk of a recession make you worry about your plans to buy a new home in the coming months?  Don’t let the media talk you into delaying your plans!  Southwest Florida is enjoying a buyers market so your money goes further here at the moment than it has in many years, especially coupled with the low interest rates.  You can’t look back to 2008 as an example of what happens during a recession.  That was a crazy time and hopefully it will not be repeated again in our lifetime.  Check out the information below then give me a call so we can plan where and when to look for your new home.

Courtesy of Keeping Current Matters 2019

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] | MyKCM

Some Highlights:

  • There is plenty of talk in the media about a pending 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.
  • Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.

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