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Housing Will Not Fall Victim To Next Economic Storm

Posted by David E. DeChant on Thursday, July 19th, 2018 at 8:56am.

Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market?

Here are the opinions of several experts on the subject:

Ivy Zelman in her latest “Z Report”:

“While economic activity appears to have accelerated so far in 2018, some prominent economic forecasters have become more cautious about growth prospects for 2019 and 2020…

All told, while solid long-term demographic underpinnings support our positive fundamental outlook for housing, in the event micro-economic headwinds surface, we would expect housing transaction volumes and home prices to weather the storm.”

Aaron Terrazas, Zillow’s Senior Economist:

“While much remains unknown about the precise path of the U.S. economy in the years ahead, another housing market crisis is unlikely to be a central protagonist in the next nationwide downturn.”

Mark Fleming, First American’s Chief Economist:

“If a recession is to occur, it is unlikely to be caused by housing-related activity, and therefore the housing sector should be one of the leading sources to come out of the recession.”

Mark J. Hulbert, Financial Analyst and Journalist:

“Real estate may be one of your best investments during the next bear market for stocks. And by real estate, I mean your home or other residential properties.”

U.S. News and World Report:

“Fortunately – and hopefully – the history of recessions and current issues that could harm the economy don’t lead many to believe the housing market crash will repeat itself in an upcoming decline.”

Bottom Line:  

Talk to a REDCO Agent today about how the changing market can meet your needs!

 

 

Source: https://www.keepingcurrentmatters.com/2018/07/19/housing-will-not-fall-victim-to-next-economic-storm/ 

3 Responses to "Housing Will Not Fall Victim To Next Economic Storm"

Lack Of Listings Slowing Down The Market wrote: [...]Links

Housing Will Not Fall Victim To Next Economic Storm
Demand For Homes To Buy Continues To Climb
4 REAL Reasons Why We Buy A[...]

Posted on Monday, July 23rd, 2018 at 12:58pm.

What You Need To Know About The Mortgage Process [INFOGRAPHIC] wrote: [...]Links

Housing Will Not Fall Victim To Next Economic Storm
Demand For Homes To Buy Continues To Climb
4 REAL Reasons Why We Buy A[...]

Posted on Monday, July 23rd, 2018 at 1:22pm.

Selling Your Home? Here’s 2 Ways To Get The Best Price! wrote: [...]The Market
What You Need To Know About The Mortgage Process [INFOGRAPHIC]
Housing Will Not Fall Victim To Next Economic Storm




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