Here’s What a Recession Could Mean for the Housing Market

Recession talk is all over the news, and the odds of a recession are rising this year.

Recession talk is all over the news, and the odds of a recession are rising this year.
For a long time, the housing market was all sunshine for sellers.
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your…
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year,…
With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home.
The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates.
You may have heard that there are more brand-new homes available right now than the norm.