Long Beach Real Estate Market Update - August 2019
Quick Market Update
The housing market is complicated. Our goal is to make it less so.
60 Seconds with Shannon Jones.
2019 Home Price Expectation Survey
According to Jeff Andrews with Curbed, most professionals don't expect a possible recession to spell doom for the housing market. Some even think it would hardly affect housing at all.
According to ATTOM Data Solutions, a leading real estate data provider looked at home prices during the five recessions since 1980 and found that only twice—in 1990 and 2008—did home prices come down during the recession, and in 1990 it was by less than a percent. During the other three, prices actually went up.