Will Home Prices Crash?

There are some that worry this current recession is going to bring home values crashing down. Here are some things to consider:

* 2008 was the only recession tied to housing. Historically, home values remain
stable during recessions.

* Household formations, or those that are now in the market to buy a home, far
outnumber the available housing inventory. This tight supply will help support
home prices.

* Real estate is still a solid long-term investment, so if you’re buying a home to live
in for a while, don’t worry about trying to time the market. We all know that renting
is no picnic!! So it’s more important to find something you can afford and begin
building your own wealth.

DW Home Loans CA/WA/ID
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