Recession means home prices will fall? | Real Estate News 2022

Recession is on everyone's mind and it's being talked about a lot when it comes to the housing market and the stock market. Let's define recession, take a look at the last 6 recessions, let's tie in some mortgage rate info, and we can end it all with the talk of Inventory.

Inflation, the economy, and real estate for 2022 are what we're going to dive into.

Stock Market Drop showing WallMart and Target losing value

https://www.cnn.com/2022/05/19/investing/dow-stock-market-today/index.html

What is Recession

https://www.investopedia.com/terms/r/recession.asp

Recession and Real Estate, Does Real Estate go down in a recession

https://drive.google.com/file/d/1c1KOj_maJ4iJ0UsKyaqCXQ8VyxHxD5zZ/view?usp=sharing

List of all of the recessions in the United States

https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States#:~:text=The%20average%20duration%20of%20the,recessions%20from%201854%20to%201919.

Mortgage applications in the United States as of May 2022

https://www.mortgagenewsdaily.com/data/mortgage-applications

Interest Rates in the United States

https://www.mortgagenewsdaily.com/data/mortgage-applications

According to the National Association of Realtors (NAR) Pending sales fell for the fifth consecutive month, down 1.2% in March from February.

https://www.nar.realtor/newsroom/pending-home-sales-sag-1-2-in-march

Housing inventory for 2022 - This is the key to the housing market going back to normal and not tanking: https://fred.stlouisfed.org/series/ACTLISCOUUS

#housing #Realestatenews #Housing2022 #Recession #Thebubble #Tristanahumada