Waiting for a Recession to Move? You Might Be Missing the Real Opportunity

At Slater Realty Group, we’ve seen a growing number of buyers and sellers start to question whether now is the right time to make a move—or if they should wait for a possible recession. It’s a conversation we’re having more often as economic headlines stir up new doubts and expectations. If you’re in that same boat, you’re not alone. But it’s important to separate perception from reality before you hit pause on your plans.

Economic Uncertainty Has People Pumping the Brakes

We’ve been hearing it more and more that people are pressing pause on their plans to buy or sell because of what they think might happen with the economy. For some, it’s a worry. For others, it’s hope. There’s a growing belief that if a recession hits, mortgage rates could drop, making homes more affordable and giving buyers a better shot at locking in a lower monthly payment. It’s a common line of thinking: wait for rates to fall, then make a move. But that strategy may not play out the way people expect.

What a Recession Might Mean for Rates

There is some truth to the idea that mortgage rates often dip during a recession. Historically, that’s been the trend and if that pattern holds, we may see some rate relief in the future. But that doesn’t mean it’s a guarantee, and it also doesn’t tell the full story of what actually happens in the housing market overall.

What Most People Get Wrong About Prices During a Recession

Here’s where things get tricky: many people assume that if a recession hits, home prices will take a nosedive like they did in 2008. But that’s the exception, not the rule. In fact, home prices rose during most recent recessions. The 2008 housing crash was driven by a very different set of circumstances that we’re not seeing today especially with inventory still falling short of demand in many markets.

Right now, prices in most areas are holding steady or even continuing to rise, though not at the breakneck pace of the last few years. So while interest rates could come down, waiting for a big drop in home prices isn’t something history or current market dynamics support.

A Slowdown Doesn’t Mean a Breakdown

If you’ve been waiting for a dramatic shift in the market to give you an advantage, you might be waiting for a moment that never really arrives. The reality is that markets move in cycles—and often gradually. A slowdown in economic growth doesn’t mean the housing market will fall apart. It just means you need to make decisions based on facts.

Bottom Line

At Slater Realty Group, we know the market headlines can feel overwhelming. But we also know how to help you navigate them with clarity. If you’re thinking of buying or selling, let’s have a real conversation about what today’s economy actually means for your next move. Together, we can build a smart strategy—no guesswork, no panic—just a clear path that works for you.

Source

Codwell Banker Realty