šŸ“‰ Waiting for a Recession To Buy or Sell? Here’s Why That Could Cost You Big

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Let’s be real: Every time the word recession starts trending, a bunch of folks hit the brakes on their real estate plans. And it’s happening again. Headlines are stirring up fear, and according to a new survey by John Burns Research and Consulting, 68% of people are putting their home buying or selling plans on hold due to economic uncertainty.

But here’s the kicker: not all of them are scared. A big chunk are actually feeling hopeful—hoping that a recession will drop mortgage rates and home prices. It’s a classic case of ā€œI’ll wait for the market to crash and then I’ll strike!ā€ Sounds smart, right? Not so fast. āš ļø

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šŸ“‰ Yes, Mortgage Rates Might Drop… But That’s Only Half the Story

It’s true—during most past recessions, mortgage rates have dipped. When the economy slows, the Fed usually steps in to stimulate things, which often brings rates down. For buyers, that sounds like a win. šŸ† Cheaper borrowing = more affordable homes. Simple math.

But…

šŸ  Home Prices Don’t Usually Drop During Recessions

Here’s where the logic breaks down. Most buyers waiting for a ā€œdealā€ also assume that home prices will take a nosedive. But history tells a very different story. According to data from Catality (formerly CoreLogic), home prices actually rose in four of the last six recessions. šŸ“ˆ

The 2008 crash? That was the exception, not the rule—and it was triggered by a housing bubble and lending crisis, not your average recession. Today’s market is fundamentally different. Inventory is still low, demand is still high, and builders can’t keep up. So unless there’s a major shift, that dream of scooping up a bargain? Probably just that—a dream. šŸ’­

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🚦 The Market Isn’t Waiting—So Why Are You?

If you’ve been sitting on the sidelines waiting for prices to crash, you might be waiting for a bus that’s never coming. Prices are holding steady or even rising in many areas, just at a slower, more sustainable pace. That’s not bad news—it’s predictable, and that’s something you can actually plan around. šŸ“Š

And here’s a truth bomb: when rates do drop, demand is going to spike. šŸš€ Think bidding wars, multiple offers, and buyers coming out of the woodwork. Waiting for that ā€œperfect momentā€ could actually make your move harder—and more expensive.

šŸ“° Don’t Let Headlines Dictate Your Future

The media loves to talk in extremes. But your life isn’t a headline. If you’re thinking about buying or selling, the best time to make a move is when it’s right for you—not when a bunch of clickbait articles say it is. šŸ•’

A smart move starts with the right guidance. Let’s talk through what’s really happening and help you build a plan that works in today’s market—not some fantasy version of it.

āœ…Ā  Timing the Market is a Gamble. Planning for the Market is a Power Move.

Still waiting for a ā€œcrashā€ that may never come? Don’t risk missing out on opportunities that are already here. Call or text us at 855-935-MORE and let’s build a real estate strategy around your goals—not Wall Street’s fearmongering. šŸ“²