History Proves Recession Doesn’t Equal a Housing Crisis
Posted by Lauren Perreault on Friday, June 3, 2022 at 8:54 AM
By Lauren Perreault / June 3, 2022
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Some Highlights
- It should be noted that history proves that an economic slowdown does not necessarily mean a housing crisis.
- In four of the previous six recessions, home values have actually appreciated. Home prices only dropped twice in the early 1990s and then by nearly 20% during the housing bust in 2008.
- If you have questions, connect with The Perreault Group to discuss updates in today's housing market.
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