What Would a Recession Mean For The Housing Market?
What happens to the real estate market if the United States economy enters a recession? We dive into history and see what happened to the housing market over the last five recessions.
What happens to the real estate market if the United States economy enters a recession? We dive into history and see what happened to the housing market over the last five recessions.
There’s no doubt about the fact that the housing market is slowing in Southern Nevada from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen again. Here’s why forbearance worked.
As your real estate professional, I want to give you an update on what is going on in our local Southern Nevada real estate market. The market is shifting, and it’s shifting fast. What are your options now? And what you can do to be prepared.
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now?
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market?
What 10 U.S. Housing Markets are cooling down the fastest? A strategy to sell your home in a shifting selling market that nets you more money & Wall Street leads the way with home escrow cancellations.
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision.
Many Americans are concerned about a possible recession which is about to be confirmed by two consecutive negative growth GDP numbers. What does this mean for the housing market?
Homeownership has always been apart of the American Dream. Times are changing, and we in a recession. Is homeownership still the American Dream?