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.
San Antonio’s best Real Estate Blog for the most relevant and comprehensive information for buyers, sellers, and real estate agents. Search the San Antonio MLS for homes, houses for sale, land and property for sale. Find new homes, first time buyer help, military, relocation, seniors, investors, FSBO, houses for rent, current market information, the latest real estate news, schools, lots more. * Al Cannistra, Broker * San Antonio Homes * Texas Today Realty * 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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