It seems that whenever you pick up a newspaper or turn on the news these days, a scary word hits you in the face: "recession." But although the R-word may be a trigger for those who remember—or even experienced—the mass layoffs, scores of foreclosures, and plummeting home prices of the last downturn, folks shouldn't panic just yet. And they shouldn't expect another real estate fire sale. In fact, Other than the housing-led Great Recession of the late 2000s, home values have typically continued to grow through national and statewide recessions over the past quarter-century. [See also: Recessions Typically Have Limited Effect on the Housing Market]
Full Article here: As Recession Fears Rise, Here's the Lowdown for Real Estate
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