Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying [...]
There’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us. While you may remember the price crash in 2008, that’s not the norm. Looking back to 1980, home prices usually rose, and mortgage rates tended to fall. If you have questions about buying or selling a home in today’s market, let’s talk.
Cates Real Estate | 207-701-5600 | info@catesre.com
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Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a [...]