Is a Recession Here? Yes. Does that Mean a Housing Crash In Lake Arrowhead? No.
June 15, 2020
“A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion.”
RECENT POSTS:
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
Unfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.
When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too many sellers are shooting too high right now.
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.
Whether you’re buying or selling a house, here’s something to think about that most people don’t.
So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know
