A Recession Doesn’t Mean a Housing Crisis

<p>There’s a lot of talk about a recession lately and how the odds of one are rising.</p>

<p>There’s a lot of talk about a recession lately and how the odds of one are rising.</p>
For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows.
According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.
There’s a misconception Wall Street is buying all the homes on the market. But data proves that isn’t true.
Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.
Should you buy a home now or should you wait? That’s a question a lot of people have these days.
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re…