Are We in a Housing Recession? Impact on Sellers, Buyers
If the words “housing recession” make your heart skip a beat — and not in a good way — take a deep breath. That phrase has become a common way to describe the current housing market — one that in 2022 saw mortgage rates shoot up, buyers retreat and home sales drop off their once-feverish pace. They also bring up memories of the housing crash of the mid-2000s that led to the Great Recession. But today’s market is very different, and despite some dire predictions, a crash is far from…
Read More