- The Coronavirus pandemic is showing an economic slowdown.
- Good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 3% in the 4th.
- All things considered, an economic slowdown doesn't equal a housing crisis, and this wont be a repeat of 2008.
Today’s marketing conditions are far from the time when housing was a key factor that triggered a recession. From easy-to-access mortgages to rising home price appreciation, a surplus of inventory, excessive equity-tapping, and more, we’re not where we
were 12 years ago. None of those factors are in play today.