A Recession Does Not Equal a Housing Crisis

Posted by Tony Leocadio on Friday, March 20th, 2020 at 12:16pm.

A Recession Does Not Equal a Housing Crisis | MyKCM

Some Highlights

  • 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.

 

Tony Leocadio, Team Leader
714-673-7363
Tony@AgentX2.com
CalBRE# 01737259

 

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