Waiting for a Recession to Buy a Home? This Realtor Weighs In

The economy's been all over the place lately. Inflation might be coming down, but rising tariffs, stock market dips and global uncertainty are keeping everyone on edge. With mortgage rates bouncing around, homebuyers are asking me, Will housing become more affordable in a recession? After more than 20 years in real estate, I've seen my share of ups and downs, from boom times to full-blown crashes, like 2008. The truth? There's always opportunity, even in a downturn. The market doesn't stop during a recession. It just shifts. And if you're ready, that shift can actually work in your favor. Let's break down what a recession really means for mortgage rates, home prices and your opportunity to buy a home. Is a recession on its way? There are plenty of recession warning signs right now. Layoffs are picking up, GDP is slowing and consumer confidence has dipped. Paychecks aren't going as far, and retirement accounts are taking hits. While less disposable income and tighter budgets point ... Read full article.