Recession optimism

Recession Possible-Home Shoppers, Real Estate Experts Are Optimistic

Thomas Gilliam Blog , Farmington Hills , recession , Uncategorized Leave a Comment

Most experts predict that following a seven-year period of economic growth the US economy is headed towards a recession (most likely sometime in 2020). But while The Great Recession devastated the housing market, house shoppers remain optimistic about how the market will handle a potential recession in the coming years. Expect A Recession But Remain Optimistic According to a recent survey from Realtor.com, nearly 70 percent of home shoppers said they expect a recession to hit the US economy sometime in the next three years (by 2022). But despite the fact that most believe a downturn is looming, many remain …