Struggling housing market continues to be weighed down by economic uncertainty
9 Articles
9 Articles
Tariff turnaround doesn’t cure SF economic jitters
Despite the partial tariff relief, local businesses and experts say they fear lingering economic uncertainty fueled by this simmering trade war is likely to bring more trouble for San Francisco’s economy.
Struggling housing market continues to be weighed down by economic uncertainty
A struggling housing market is facing yet another obstacle as escalating trade wars and uncertainty over how trade policy from the White House will affect the economy have created fears of a recession. The main obstacle facing the market over the last two years has been affordability, with prices staying high after skyrocketing during the pandemic-era housing market boom, and mortgage rates that climbed to 7%. Mortgage rates usually fall during …
A Recession Doesn’t Mean a Housing Crisis - Hunterdon + Somerset County, NJ Residential Real Estate
Are you hearing all the talk about a recession and wondering what that would mean for the housing market? Here’s what the data tells us about every recession going back to the 1980s. While everyone remembers 2008, what happened then wasn’t the norm. That was the only time there was a big drop in prices. It hasn’t happened since. And mortgage rates? They usually come down – but don’t expect the return of 3%. While the answer to the question of wh…
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