Housing market vs the Coronavirus.
- JosetteTheRealEstatebroker
- Mar 24, 2020
- 1 min read
We are in an Economic Slow Down, But housing markets have increased the last 3 of 5 Recessions. And Year over Year the housing market goes up. Best time to buy is now. Interest rates are at a all time low. Affordability is more than ever.
Be informed, contact me today 541-419-9528 email: Josette@Ramsayrealty.com
Some Highlights
The COVID-19 pandemic is causing an economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.
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