foreclosures

Housing Market Predictions For 2023

Housing Market Predictions For 2023

High mortgage rates have put some much-needed pressure on the housing market in recent months after home prices hit record highs across the nation. But as mortgage rates have shown some decline lately, many economists are mixed about whether home prices will continue to decelerate through 2023—or crash. The nation’s overall housing supply remains limited, as those who purchased homes in recent...

Should You Buy a House During a Recession?

Should You Buy a House During a Recession?

Recessions and falling home prices aren't anything new. Housing prices took a nosedive during the Great Depression of 1929 and, in hindsight, that housing recession wasn't really a good time to buy real estate in the short term because it lasted until 1939. Dating back to 1945, there have been 11 recessions that have taken, on average, 11 months to reach their lowest point. Many of them shared drops in...

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