Homebuyers Shouldn’t Worry About 2008 All Over Again!

Dated: 04/03/2019

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During the four recessions prior to 2008, home values depreciated only once (at a level that was less than 2%). The other three times home values appreciated, twice well above the historic norm of 3.6%.

Bottom Line

If there is an economic slowdown in our near future, there is no need for fear to set in. Most experts agree with Ralph McLaughlin, CoreLogic’s Deputy Chief Economist, who recently explained that there’s no reason to panic right now, even if we may be headed for a recession.

“We’re seeing a cooling of the housing market, but nothing that indicates a crash.”

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Dawn Maisano

Arizona has been my home since July of 2014. With over 20 years of experience in business, customer relations and project management, I bring a friendly smile, commitment, organizational and communic....

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