Recession for the Housing Market on Fire Island?

August 26, 2022
Wooden figures of houses and a poster with money. The concept of real estate value growth. Increase liquidity and attractiveness of assets. Raising the rent or cost of buying a home.

What Does a Recession Mean for the Housing Market? [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
  • If you have questions about buying or selling a home in today’s market, let’s connect, call us today at 631-570-8942 to learn more.