Should I Sell My House Before a Recession?

by kelsey heath

AuthorKelsey Heath.  Date:

When the market appears unstable and the possibility of a recession becomes more than a headline, many homeowners start getting anxious and wonder if they should sell their house before the market crashes. The decision to sell a house in preparation for a recession isn’t simple and can have lasting impacts on your financial standing. While selling before the market crashes might mean that you make more from your sale, other factors might mean that you end up in a worse position in the long term. Exiting the real estate market can have very real, lasting consequences. Most economists agree that the real estate market isn’t going to crash anytime soon. However, we want to weigh the pros and cons of selling your house before a recession and give you the tools to make the best decision for your circumstances. What Happens to House Prices During Recession? A true recession … Continued

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