What happened in the 2008 recession & how this time is different

In case you didn’t know, today’s housing market is nothing like it was in 2008. What happened then was caused by cheap debt, shady lending practices, and financial acrobatics that ended with too many borrowers in mortgages they couldn’t afford. 

 

Step back from 2008, and you see that home prices have appreciated in 4 of the last 6 recessions.


My point is this: Not every recession is a housing crisis. So if you’re looking to buy, sell, invest, or flip, here's what to do: silence the naysayers, look at the stats, and find an agent who can help you make on-time and informed decisions in 2022.

 

Want to know more about buying or selling in our current market conditions? If so, DM me! I’d love to help.


Cindy Grenier, 204-330-2567