Best time to buy a home in a recession? Comparing 8 last recessions
With all the headlines and YouTube channels talking about a recession and home prices dropping, we were inspired to see what happened to home values in the last 8 recessions…including the 80s when we experienced high levels of inflation similar to today. When do you think it’s the best time to buy in a recession?
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Data sources for this video:
Historical US Median Home Price https://dqydj.com/historical-
Median Sales Price of Houses Sold for the United States (New Homes) https://fred.stlouisfed.org/
This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.
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