Have you heard the recession rumors? How does a recession affect the housing market? Let’s talk through the facts, and what past data has shown to be true in previous recessions. Let’s also look at how this economy shift is affecting the housing market shift.

Interest rates have risen, knocking 20-30% of buyers out of the market. As housing demands continue to decrease, we are seeing more opportunity for these buyers to come back into the market to buy a home.