You’ve probably seen it in the headlines lately: whispers of a possible recession. For many people, that immediately triggers memories of the 2008 housing crash—and a whole lot of anxiety about buying or selling a home. So, recession talk is heating up – but what does that mean for housing?

 


But here’s the truth: history tells a very different story.

In fact, in 4 of the last 6 recessions, home prices didn’t fall—they actually went up. That might be surprising, especially if your mind jumps straight to the Great Recession. But 2008 was the exception, not the rule.

So, why does this matter?

Because it helps clear up a big misconception. Recession doesn’t always mean housing crash. In most cases, home prices tend to follow the trend they were already on before the recession hit. And right now, that trend is still rising nationally.

Of course, that doesn’t mean prices will skyrocket overnight—but it does suggest that fears of a major housing collapse may be overblown.


What This Means for Buyers and Sellers

If you’re thinking of buying, this might be the reassurance you need. Waiting out of fear might mean missing out on equity growth and opportunities that come with today’s still-rising prices.

If you’re thinking of selling, it’s also good news. A recession doesn’t automatically mean your home’s value will plummet—especially if demand remains steady and inventory stays tight.

So, the big question is:
Does knowing home prices haven’t typically dropped in past recessions change how you feel about making a move?

Let’s talk about your goals and how to navigate the market with confidence—no matter what the economy throws our way.

 

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