text: A Short History of Recession Vs Housing Crisis. | Denver Real Estate Agent
  A Short History of Recession Vs Housing Crisis.
  In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what's come before us is one of the many ways we can confidently evaluate any situation. With concerns of a global recession on everyone's minds today, it's important to take an objective look at what has transpired over the years and how the housing market has successfully weathered similar storms.
  Denver in particular still has a really unbalanced supply and demand. There is not nearly enough supply to provide housing for as many Buyers as want to Buy. The red bar below represents the number of listings that would be available if we were in a balanced market. The blue bar shows how many listings we currently have. I think it all depends on how long the Coronavirus sticks around for and how quickly the economy bounces back.
  I think these numbers will surprise many people. Housing was intensely involved in the most memorable recession for many home buyer. But looking at history shows that has not already been the case.
  Concerns about a recession are real, but housing isn't the driver. If you have questions about what it means for your family's homebuying or selling plans, reach out to me so we can discuss your needs, wants, and homeowner goals to create the best plan for you.