A Recession Doesn't Mean Falling Home Prices

Are you worried about the value of your home if the economy slows down? You’re not alone. It's one of the top concerns homeowners have right now. But the truth is, in 4 of the last 6 economic slowdowns, home prices actually went up. Everyone remembers the 2008 crash – but that was the exception, not

A Recession Means Falling Mortgage Rates

The word “recession” has been all over the news – and it can make people nervous, especially if your mind jumps to the housing crash of 2008.  But let’s take some of the uncertainty away.  Data shows, in every recession since 1980, mortgage rates have come down. So, you don’t have to wonder what a p

Home Equity Could Make Your Home More Possible

    Before you rule out moving right now, take a look at this. Thanks to how much home prices have climbed in recent years, the average homeowner has over $300K in equity.  And once you sell, you can use your equity to fund the down payment for your next home. And if you’re looking to downsize, you

What Could it Mean for the Housing Market During an Economic Slowdown

What an Economic Slowdown Could Mean for the Housing Market Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power. Let’s take a look at some historical