Blogs

Alina Conley Alina Conley

Here’s What a Recession Could Mean for the Housing Market

Recession talk is heating up – but what does that mean for housing? Here’s what historical data tells us. If a recession happens, many people assume home prices will crash like they did in 2008. But history tells a different story. In 4 of the last 6 recessions, home prices actually went up. That means 2008 was the exception, not the rule. During recessions, prices usually follow whatever path they’re already on. And, right now, prices are still rising nationally. How does knowing home prices haven’t typically dropped in past recessions change the way you think about buying or selling?

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Alina Conley Alina Conley

What Mortgage Rate Are You Waiting For?

Mortgage rates are declining. And that may make you wonder if it’s time to jump back into the market. While they’re not going back to pandemic lows, experts say rates could continue to drop as long as inflation eases. So, what number do you want to see rates hit before you’re ready to move? Drop it in a comment below. And I’ll be the first to let you know when we get there.

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Alina Conley Alina Conley

Do Elections Impact the Housing Market?

Lately, questions have been flooding in about how or if this year’s Presidential election will impact the housing market. If we had to take a guess, you’re probably getting them too.

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