Wondering what happens to the housing market during a recession? A recession is defined as two consecutive quarters of negative economic growth. It often coincides with high unemployment and reduced business activity. Housing markets normally cycle through highs and lows that affect home buyers and sellers differently. But since recessions don’t happen regularly, their effects […]
housing recession
housing recession
Learn How The Housing Market Works And The Factors Affecting Real Estate Market Health
Curious about the factors affecting real estate market health? Rising interest rates, high inflation, and fears of a potential recession have many people fearing the direction of the housing market. But how does the housing market work, exactly? What are the factors that influence its trends and overall health? In this post, our team at […]
How To Reduce Closing Costs When Buying a Home in a Housing Recession
Learn How To Reduce Closing Costs in 5 Ways Wondering how to reduce closing costs when buying your dream home? If you’re planning to purchase a home during a potential housing recession, you may want to know how to reduce closing costs in order to get the best possible deal on your new home. A […]