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The word “recession” is starting to become more and more prominent in the media these days. But what would a recession mean for real estate?
In this week’s Deep Dive, David Childers discusses how we can look back to past recessions to see what a future recession might mean for house prices and interest rates.
There’s one word that’s been making its way back into headlines again…recession. It’s important for every agent to know that since 2008, it has a completely different meaning when it comes to real estate.
Often linked with “housing crash” and “foreclosure crisis,” the word recession comes with a lot of assumptions. But the truth is, what happened in 2008 was a very unique situation that’s highly unlikely to repeat, and we have just the script to help you get that point across to your sphere.
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