Will the recession impact housing prices?
Typically recessions slow down appreciation of home values, but with the exception of a brief blip in 1991 and the massive challenges in 2007-2008, no recession has actually led to a DECLINE in housing values.
![Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]](https://files.mykcm.com/2022/06/23153223/20220624-MEM-1046x2115.png)
Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]
Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of...![History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]](https://files.mykcm.com/2022/06/02165354/20220603-MEM-2-1046x1949.png)
History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis.In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then...