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What Does The Recession and Housing Crash Have In Common?

July 29,2022 | Posted By Dinorah Carmenate in re
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The good news is ALL experts are saying housing will be affected BUT NOTHING like the 2008 housing crisis. 

Many experts do say there are pockets of areas that’ll be more affected than others. With the feds raising the rate another 0.75%, I think we are definitely in for a correction. BUYERS NOW IS YOUR TIME TO SHINE!

Below is a quote and a chart for you to see what areas in the USA will be affected more than others. If you have been on the sidelines waiting to buy your first home or waiting to invest in a second home, now is the time to start putting a plan together. Call me.

“If the U.S. does enter a recession, we’re unlikely to see a housing-market crash like in the Great Recession because the factors affecting the economy are different: Most homeowners have a fair amount of home equity and not much debt and unemployment is low.”





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