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 […]
Why the Stock Market Correction Probably Won’t Impact Home Values
prices, on the other hand, appreciated nicely at the same time. That stock market correction proved not to have any negative impact on home values. Bottom Line If the current situation is more like the markets in the early 2000s versus the markets during the Great Recession, home values should be minimally affected, if at all.
Don’t Let Frightening Headlines Scare You
The Economic Impact of Buying a Home
When you buy a home, you’re making an impact. You’re fulfilling your need for shelter and a place to live, and you’re also generating jobs and income for the appraiser, the loan officer, the title company, the real estate agent, and many more contributors to the process. For every person or business that you work […]