Ian Walberg- Realty Concepts

Appreciation post to all my clients. Thank you for trusting me in helping you obtain your real estate goals.

Onward and upward! 🏡

Appreciation post….
Just want to shout out my beautiful wife .walberg . You are the most amazing wife, mother, & best friend anyone could ever ask for! It’s been a helluva adventure the past 3 years and I’m looking forward to the countless more to come.
Happy Anniversary! 🥂

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value.

The National Bureau of Economic Research defines a recession as, “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion.”

To help show that home prices don’t fall every time there’s a recession, take a look at the historical data. There have been six recessions in this country over the past four decades. Going all the way back to the 1980s, home prices appreciated four times, and depreciated only two times. So, historically, there’s proof that when the economy slows down, it doesn’t mean home values will fall or depreciate.

The first occasion on the graph when home values depreciated was in the early 1990s when home prices dropped by less than 2%. It happened again during the housing crisis in 2008, when home values declined by almost 20%. Most people vividly remember the housing crisis in 2008 and think if we were to fall into a recession that we’d repeat what happened then. But this housing market isn’t a bubble that’s about to burst. The fundamentals are very different today than they were in 2008. So, we shouldn’t assume we’re heading down the same path.

I can’t believe our baby Liv is already 1 years old!!! .walberg
She is the light in our world and we couldn’t be any happier. Thank you to everyone who showers her with Love. It means the world to us!!!

I’m a bit late on this post, but nevertheless, I want to give a HUGE shoutout to my beautiful wife .walberg for all that you do for me and our baby Liv. You’re the best mom anyone could ask for!!!

…also want to give a shoutout out to Momma Walberg. Blessed is an understatement. Happy Belated Mother’s Day!!! ❤️