“Encouraging statistics!”
Some Highlights:
- There is plenty of talk in the media about a pending 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.
- Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
To view original article, visit Keeping Current Matters.
The True Strength of Homeowners Today
Home equity allows homeowners to be in control. This is yet another reason we won’t see the housing market crash like we saw in 2008 when many owed more on their homes than they were worth.
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If you find yourself wanting space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.
Watching the Stock Market? Check the Value of Your Home for Good News.
While equity helps increase your overall net worth, it can also help you achieve other goals like buying your next home
Will My House Still Sell in Today’s Market?
The key to selling in a changing market is understanding where the housing market is now.
Buyers Are Regaining Some of Their Negotiation Power in Today’s Market
Today, you should have less competition and more negotiating power as a buyer.
Getting Your House Ready To Sell? Work with an Agent for Expert Advice
For any projects you’ve already completed or for those you plan to do before listing, make sure your real estate professional knows.
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