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A Recession Does Not Equal a Housing Crisis

Posted by Diane Mullins on Friday, March 20, 2020 at 9:56 AM By Diane Mullins / March 20, 2020 Comment

Some Highlights

  • The COVID-19 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.

Checkout the Area's Newest Listings

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160 Properties
Page 1 of 14
103 S Shelby St Salem, IN 47167
$154,900
14
103 S Shelby St
Salem, IN 47167
 
3
Beds
1F11/2
Baths
1,808
Sq.Ft.
Lighthouse Realty Group, Inc.
105 S Shelby St Salem, IN 47167
$124,900
15
105 S Shelby St
Salem, IN 47167
 
3
Beds
1
Baths
1,736
Sq.Ft.
Lighthouse Realty Group, Inc.
1227 Kristopher Ave Scottsburg, IN 47170
$144,900
26
1227 Kristopher Ave
Scottsburg, IN 47170
 
3
Beds
1F11/2
Baths
1,053
Sq.Ft.
Schuler Bauer Real Estate Services Era Powered (N
7013 Terry Ln Sellersburg, IN 47172
$159,900
31
7013 Terry Ln
Sellersburg, IN 47172
 
3
Beds
1F11/2
Baths
1,530
Sq.Ft.
Re/Max First
8955 Highway 62 NE Lanesville, IN 47136
$260,000
32
8955 Highway 62 NE
Lanesville, IN 47136
 
3
Beds
2
Baths
2,448
Sq.Ft.
Keller Williams Realty Consultants
1725 Graham Blvd Scottsburg, IN 47170
$159,900
27
1725 Graham Blvd
Scottsburg, IN 47170
Moon Glo Estates
3
Beds
2
Baths
986
Sq.Ft.
Berkshire Hathaway Home Services Parks & Weisberg
735 Linden Street New Albany, IN 47150
$105,000
21
735 Linden Street
New Albany, IN 47150
 
2
Beds
1
Baths
784
Sq.Ft.
Keller Williams Realty Consultants
7275 Black Chapel Rd SE Elizabeth, IN 47117
$350,000
51
7275 Black Chapel Rd SE
Elizabeth, IN 47117
 
3
Beds
2
Baths
1,400
Sq.Ft.
Schuler Bauer Real Estate Services Era Powered (N
923 Oakland Dr New Albany, IN 47150
$314,900
40
923 Oakland Dr
New Albany, IN 47150
Woodland Hills
4
Beds
2
Baths
2,751
Sq.Ft.
Ward Realty Services
1305 E 9th St Jeffersonville, IN 47130
$174,900
1305 E 9th St
Jeffersonville, IN 47130
 
3
Beds
2
Baths
1,494
Sq.Ft.
Green Tree Real Estate Services
908 Nettle Ridge Dr Jeffersonville, IN 47130
$234,900
48
908 Nettle Ridge Dr
Jeffersonville, IN 47130
High Meadow
5
Beds
3
Baths
2,320
Sq.Ft.
Forman Jones & Assoc Realtors
1928 E Oak St New Albany, IN 47150
$109,900
36
1928 E Oak St
New Albany, IN 47150
 
2
Beds
1
Baths
1,184
Sq.Ft.
Caperton Realty

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