{"id":657,"date":"2022-08-26T16:29:29","date_gmt":"2022-08-26T16:29:29","guid":{"rendered":"https:\/\/johnsonteamrealestate.com\/?p=657"},"modified":"2022-08-26T16:29:30","modified_gmt":"2022-08-26T16:29:30","slug":"what-does-a-recession-mean-for-the-housing-market","status":"publish","type":"post","link":"https:\/\/johnsonteamrealestate.com\/index.php\/2022\/08\/26\/what-does-a-recession-mean-for-the-housing-market\/","title":{"rendered":"What Does a Recession Mean for the Housing Market?"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"495\" height=\"1024\" src=\"https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-495x1024.png\" alt=\"\" class=\"wp-image-658\" srcset=\"https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-495x1024.png 495w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-145x300.png 145w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-768x1590.png 768w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-742x1536.png 742w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-989x2048.png 989w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM-1060x2194.png 1060w, https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2022\/08\/20220826-MEM.png 1300w\" sizes=\"auto, (max-width: 495px) 100vw, 495px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Some Highlights<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>If you\u2019re wondering what a\u00a0<a href=\"https:\/\/www.mykcm.com\/2022\/08\/16\/what-would-a-recession-mean-for-the-housing-market\/\">potential recession<\/a>\u00a0could mean for the housing market, here\u2019s what\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.thebalance.com\/the-history-of-recessions-in-the-united-states-3306011\" target=\"_blank\">history<\/a>\u00a0tells us.<\/li><li>In four of the last six recessions,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.corelogic.com\/intelligence\/find-stories\/corelogic-hpi-posted-record-year-over-year-growth-in-2021\/\" target=\"_blank\">home prices<\/a>\u00a0actually appreciated, only\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.corelogic.com\/blog\/2019\/03\/housing-recessions-and-recoveries.aspx\" target=\"_blank\">falling<\/a>\u00a0during the early 90s and the housing crash in 2008.\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/www.freddiemac.com\/pmms\/\" target=\"_blank\">Mortgage rates<\/a>, though, declined during each of the previous\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/mtg-specialists.com\/2022\/05\/11\/recession-interest-rates-and-real-estate\/\" target=\"_blank\">recessions<\/a>.<\/li><li>If you have questions about buying or selling a home in today\u2019s market, let\u2019s connect. <\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\">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!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Highlights If you\u2019re wondering what a\u00a0potential recession\u00a0could mean for the housing market, here\u2019s what\u00a0history\u00a0tells us. In four of the last six recessions,\u00a0home prices\u00a0actually appreciated, only\u00a0falling\u00a0during the early 90s and the housing crash in 2008.\u00a0Mortgage rates, though, declined during each of the previous\u00a0recessions. If you have questions about buying or selling a home in today\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-657","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry","8":"has-post-thumbnail"},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"fawn","author_link":"https:\/\/johnsonteamrealestate.com\/index.php\/author\/fawn\/"},"_links":{"self":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=657"}],"version-history":[{"count":1,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/657\/revisions"}],"predecessor-version":[{"id":659,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/657\/revisions\/659"}],"wp:attachment":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}