Скачать или смотреть Will a recession drop home prices? Not according to history

If a recession does come, we could see interest rates drop, as they have in the last six recessions. This will likely drive prices up in most areas since inventory levels are still low. So, if you’re waiting to buy during a recession because you think home values will fall… you might want to think again.

Historically, lower interest rates during recessions have made borrowing more affordable, which increases demand for homes. With fewer homes available on the market, this heightened demand can push prices higher. It’s a classic case of supply and demand at work.

For potential buyers, this means that waiting for a recession to snag a bargain might not be the best strategy. Instead, staying informed and ready to act when the right opportunity arises could be more beneficial. Remember, every market is unique, and having a knowledgeable real estate agent by your side can make all the difference.
Let’s navigate these uncertain times together and find the perfect home for you!

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DISCLAIMER: All pricing, availability, and market info discussed is accurate as of the recording date and subject to change.

Massie Realty
900 Gardens Blvd #100
Charlottesville, VA 22901
📞 434-227-6917
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