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Recession Does Not Equal Housing Crisis

It’s so easy to hear the term recession and immediately think back to 2008. Those of us that lived through that time still have recession trauma and it’s that trauma that has thousands of people thinking because there is a recession, a housing collapse is next. Not so fast…

In the last 6 recessions, only two had a decline in home prices, 2008 being the largest because it was caused by housing. Prices went up in the last 4 out of 6 recessions. On a bright note, mortgage rates went down in all 6!

So, what are we waiting for? Let’s get ready to make a move!

Christy Klingler

Dickson Realty

775.750.5492

cklingler@dicksonrealty.com

Lic#49001

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