Sheenum Chawla

“Over the past five recessions, mortgage rates have fallen an average of 1.8 percentage points from the peak seen during the recession to the trough. And in many cases, they continued to fall after the fact as it takes some time to turn things around even when the recession is technically over.”
While history doesn’t always repeat itself, we can learn from and find comfort in the trends of what’s happened in the past. If you’re thinking about buying or selling a home, you can make the best decision by working with a trusted real estate professional. That way you have expert advice on what a recession could mean for the housing market.

If you’re a buyer who’s been waiting for your dream home to come onto the market, then today’s rising supply of homes for sale could be a dream come true. That’s because the more listings there are, the more options you have to choose from. DM me if you’re ready to start looking for homes in our local area.