Halloween is always a great time of year! It bring us pumpkin patches, Fall Festivals, haunted houses and more! Check out these Halloween eventsBut, as with pretty much everything this year,
Is A Recession Here Yes Does That Mean A Housing Crash No
Dated: June 10 2020
Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
“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.”
“Many still bear scars from the Great Recession and may expect the housing market to follow a similar trajectory in response to the coronavirus outbreak. But, there are distinct differences that indicate the housing market may follow a much different path. While housing led the recession in 2008-2009, this time it may be poised to bring us out of it.”
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jeffrey Daniels does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jeffrey Daniels will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Reno Paccioni is born and raised in Arizona, Reno is a true native with vast knowledge of the valley. From an early age Reno developed a competitive nature that fueled him to not only set goals but ac....
Latest Blog Posts
Is a Recession Here? Yes. Does that Mean a Housing Crash? No.On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a