A Recession is likely coming so what happens to house prices and interest rates when a recession hits? Interest Rates are currently sitting above 5% while House Prices continue to climb. Will a Recession cause a housing market crash? Higher Interest Rates are creating affordability issues while supply continues to build with a recession looming on the horizon, how do you prepare? In this video, we discuss what happens historically with mortgage interest rates and house prices when recessions hit the real estate market.
I’M CONCERNED with Higher Interest Rates and House Prices ⏩Watch this NEXT ⏩ https://youtu.be/i8RGXpPfw1k
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
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