Mary Maestranzi - Realtor

Mary Maestranzi - Realtor

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What Past Recessions Tell Us About the Housing Market 01/16/2023

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What Past Recessions Tell Us About the Housing Market

As talk about a potential recession grows, you may be wondering what a recession could mean for the housing market. Here’s a look at the historical data to show what happened in real estate during previous recessions to help prove why you shouldn’t be afraid of what a recession could mean for the housing market today.

>>A Recession Doesn’t Mean Falling Home Prices

Historically, when the economy slows down, it doesn’t mean home values will always fall.

Most people remember the housing crisis in 2008 and think another recession would be a repeat of what happened to housing then. But today’s housing market isn’t about to crash because the fundamentals of the market are different than they were in 2008. According to experts, home prices will vary by market and may go up or down...


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What Past Recessions Tell Us About the Housing Market It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tel...

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