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A Recession Does Not Equal a Housing Crisis

March 01,2021 | Posted By Karen Volpei in Real Estate
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A Recession Does Not Equal a Housing Crisis

The COVID-19 pandemic is causing an economic slowdown. The goodnews is, home values actually increased in 3 of the last 5 U.S. recessionsand decreased by less than 2% in the 4th. All things considered, aneconomic slowdown does not equal a housing crisis, and this will not be arepeat of 2008.

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