Back to Blog Posts
Prev Next

History Proves Recession Doesn’t Equal a Housing Crisis

Posted by Ri Prasad on Thursday, June 9, 2022 at 3:29 PM By Ri Prasad / June 9, 2022 Comment

Some Highlights

  • It’s important to understand history proves an economic slowdown does not equal a housing crisis.
  • In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
  • If you have questions, connect with your local real estate professional ar Ri Prasad Luxury Group to discuss why today’s housing market is nothing like 2008.
By proceeding, you expressly consent to receive texts at the number you provided, including marketing, from Option Realty Group about real estate related matters, but not as a condition of purchase. Message frequency varies. You can text Help for help and Stop to cancel. You also agree to our Terms of Service and to our Privacy Policy regarding the information relating to you. Message and data rates may apply.

Additionally, you expressly consent to receiving calls at the number you provided, including marketing by auto-dialer, pre-recorded or artificial voice, and email, from Option Realty Group about real estate related matters, but not as a condition of purchase. This consent applies even if you are on a corporate, state or national Do Not Call list.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Tags: Finance, First Time Home Buyers, FSBO, Home Buyers, Homeowners, Investor, Multi-Units, Market Update, Selling Your Home

Post a Comment

Related Posts