20 Mar A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
Posted at 05:00h in For Buyers, For Sellers, Housing Market Updates, Infographics
- The COVID-19 pandemic is causing an 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.
- All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.