First Federal Bank Blog

History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]

Written by First Federal Bank | Jun 7, 2022 7:54:25 PM

 

Some Highlights

  • It’s important to understand history proves an economic slowdown does not equal a housing crisis.
  • In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
  • If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008 .