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    A Recession Does Not Equal a Housing Crisis

    A Recession Does Not Equal a Housing Crisis | Simplifying The Market

    Some Highlights

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

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    Great communication! Answered any and all questions we had as first-time home buyers. In a difficult market, they were able to create an offer particular to the sellers’ taste. I would definitely recommend the DeGrood Team. A delight to work with and took the stress out of an extremely stressful market.
    David G.