Recession is Probable but a Major Home Price Decline is Not

LAS VEGAS - Sept. 24, 2019 - PRLog -- Coldwell Banker Premier Realty has just released a new white paper which affirms that while another recession is probable, it's not entirely guaranteed. Increasing questions from apprehensive clients prompted the real estate brokerage to thoroughly analyze and historically chronicle past recessions and their impact on the housing market, both nationally and locally.

In a recent blog post, John McClelland, vice president of research at Coldwell Banker Premier Realty, expressed that while recession indicators are, in fact, flashing warning signs, popular media is amplifying recession fears and the housing sector may not be influenced in the way many people think.

One recession indicator examined in the report is the yield curve. From the white paper, "A negative yield curve has preceded every recession since 1950. However, a negative yield curve has also occurred without a subsequent recession."

The housing crisis that led to the Great Recession of 2008 is not something expected to be replicated. If a recession does occur in 2020 or 2021, it is likely to be a more subtle event for housing.

"Property values actually increased in the 2001 recession," said Bob Hamrick, chairman and CEO of Coldwell Banker Premier Realty, during his latest real estate report video. "During a typical financial slowdown, investors liquidate their stock holdings and invest in a safer asset. Except for 2008, real estate has often been the safe harbor investment."

For all of the details and conclusions of this analysis, please click the link below for the full report.

https://iq2.us/AADYH2

About Coldwell Banker Premier Realty

Coldwell Banker Premier Realty is a full-service real estate brokerage in Southern Nevada owned and operated by Las Vegas natives, Bob and Molly Hamrick. With a spirited commitment to the continuous development and coaching of their expert team across three local campuses, the Hamricks have catapulted their company into the number three ranked woman-owned Coldwell Banker franchise in the United States by units closed.