Recession DOES NOT Equal Housing Crisis
Sometimes folks confuse a recession with a housing market crash. Actually, they are quite different and distinct from one another.
The country has experienced a housing crash very early this century. Many have recovered from that and some still have a way to go. The country has experienced several recessions since the 70’s, all with little impact on housing. Checkout the attached chart.
If you have a fear of buying a home because there may be a coming recession, simply have a look the historical impact on housing – and then decide. If you wish to discuss it, call me – Al.
AL CANNISTRA ** REALTOR® ** SAN ANTONIO, TEXAS ** SAN ANTONIO HOMES ** TEXAS PREMIER REALTY ** Best of San Antonio real estate blogs - for buyers, sellers and real estate agents. Search the MLS for San Antonio homes, houses for sale, land and property for sale. Information for first time buyers, military, relocation, seniors, investors, FSBO, houses for rent, current market information, the latest real estate news, schools and more. We aim to be San Antonio’s #1 Real Estate blog. *210-757-0211*
Monday, July 23, 2018
Recession in 2020? What Will Be the Impact?
Labels:
housing bubble,
housing market,
recession
Location:
San Antonio, TX, USA
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