A Recession Doesn’t Mean a Housing Crisis

In this Article...

In the Blue Ridge and northeast Georgia mountain area, concerns about a recession affecting the housing market are prevalent. However, historical data suggests that a recession does not necessarily lead to a housing crisis. Mountain Place Realty, under the leadership of Broker Rhonda Thomas Haight, offers the expertise of a dedicated team of experienced agents to guide you through these uncertain times, ensuring informed decisions for buying or selling your home.

A Recession Doesn’t Mean a Housing Crisis

Some Highlights

• There’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us.
• While you may remember the price crash in 2008, that’s not the norm. Looking back all the way to 1980, home prices usually rise and tend to fall. 
• If you have questions about buying or selling a home in today’s market, connect with a real estate agent.