Published August 26, 2022
What Would a Recession Mean for the Housing Market?
Written by Tom Krieger
Some Highlights
- If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
- In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
- If you have questions about buying or selling a home in today’s market, we can help you navigate the Tucson, Oro Valley, Marana, Vail, Sahuarita and the rest of Southern Arizona
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