Are We Headed Into a Recession?

Mortgage with Manny Gomes

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4+ y ago

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A topic that has gotten a lot of attention recently is: Are we headed into a recession? More importantly, will a recession impact our housing market? Today I’ll answer these critical questions and try to ease some of the anxiety people are experiencing about the potential upcoming recession. Just a heads up: There’s no reason to be as fearful as some people are about our market. Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure: 0:00: Introduction to today’s topic. 0:20: Are we heading into another recession? 1:00: Take a look at the GDP 1:20: Look at the unemployment rate and wages 2:45: Fluctuation of interest rates 4:45: Are we expecting a repeat of the 2008 recession? 5:55: About the conceivable upcoming recession 6:50: How millennials are affecting the market 8:05: Wrapping up today’s topic If you have any questions or want to have a conversation about the economy, feel free to reach out to me by phone or email. I would love to speak with you.

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