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Ambassador
3,349,229
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

For those who are ready, willing, and able, it means more choices and opportunities! 

Oct 04, 2022 10:16 AM
Rainmaker
1,505,863
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Lower prices, longer market times, and just maybe a balanced market.  Doubt we'll swing into a buyer's market though.  We're still in a strong seller's market.  Inventory would need to increase 3-5 times from what it is now to push us to a balanced market.

Oct 04, 2022 11:12 AM
Rainmaker
1,056,097
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Depends on the buyer - nothing's more salivating than recession buying for cash flush investors! 

Oct 04, 2022 07:45 AM
Rainmaker
1,201,302
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Hmmm... lower prices and hiogher interest rates

Oct 04, 2022 07:35 AM
Ambassador
3,138,121
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Lower prices - higher interest rates - more property selection - advantage for those with ca$h buying power...

Oct 04, 2022 11:23 AM
Rainmaker
636,127
Jason E. Gordon
CMG Mortgage, San Diego, CA - San Diego, CA
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

Ultimately lower interest rates, which will bring some buyers back to the market.

Oct 04, 2022 08:08 AM
Rainmaker
459,182
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

Opportunities! 

Oct 04, 2022 07:39 AM
Rainmaker
2,784,416
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It means to pause. Then to stop, look and choose each one their own

Oct 04, 2022 06:41 AM
Rainmaker
2,399,300
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I have no clue what a housing recession is as I'd never seen or experienced one in my market William.

Oct 04, 2022 01:57 PM
Rainmaker
5,237,947
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Opportunity knocks!

Oct 05, 2022 03:41 AM
Rainmaker
1,322,519
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

One of the consequences of a housing recession is that many buyers sit on the sidelines fearing that anything they buy will soon be worth less than they paid to get it.

Oct 04, 2022 11:30 PM
Ambassador
6,416,169
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

For the buyers I deal with it wont make much difference other than more choices and more time to find the right one.

Oct 05, 2022 07:21 AM
Ambassador
5,253,385
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

OH the possibilities!!

Oct 05, 2022 07:02 AM
Rainmaker
902,038
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

More inventory, better choices; maybe better value.

Oct 05, 2022 02:23 PM
Ambassador
3,167,489
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

An economic recession doesn't mean we're having a housing recession.  Real estate is local. 

Oct 05, 2022 02:12 PM
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