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What Does a Recession Mean for the Housing Market?

August 26, 2022 by fawn

Some Highlights

  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
  • If you have questions about buying or selling a home in today’s market, let’s connect.

Connect with Mike Bredeson to discuss the housing market and what it means for you and your goals. You can reach Mike by calling 360.201.5088 or email Mike@JohnsonTeamRealEstate.com!

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