A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
Posted by Lidya Fanta on September 2, 2019
There is plenty of talk in the media about a pending economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
If you are thinking of buying or selling in today’s market, contact IRPINO Real Estate Brokerage in Chicago today to see how we can help and what we do different than other Chicago Real Estate Brokerages.