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Coronavirus Alert: A Recession Does Not Equal a Housing Crisis

Some Highlights

  • The COVID-19 (Coronavirus) pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.

If you are in the market for buying or selling a home, Reeds Real Estate is your best choice in Chesapeake, Virginia to help you. Call us at (757) 799-4824 or fill out the form below.


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(757) 799-4824