There had been a lot of recession talk over the past couple of years. But here’s a look at the latest expert projections to show you why that isn’t going to happen. 

According to Jacob Channel, Senior Economist at Lending Tree: 

“At least right now, the fundamentals of the economy, despite some hiccups, are doing pretty good. While things are far from perfect, the economy is probably doing better than people want to give it credit for.” 

That might be why a recent survey from the Wall Street Journal Shows only 39% of economists think there’ll be a recession in the next year. That’s considerably down from the 61% projecting a recession just one year ago. 

One reason to be optimistic is the current unemployment rate, which is still quite low and expected to be at 4.04% by June 2025. What that means for the housing market is that you don’t need to fear a flood of foreclosures that would cause the housing market to decline.   

Good news! 

Best,  

Ken & Ari Walker - Your Direct Private Money Source  

Husband & Wife Team  

Phone: 707-708-0797 / Office: 1400 N. Dutton Ave #22 Santa Rosa, CA 95401 
Ken: CA DRE Broker #01858042 / NMLS #1221130 
Ari: CA DRE #01858152 / NMLS #2170867 

Bio: Ken & Ari are a husband & wife team with over 30 years of combined real estate and private money lending experience.   They like working with buyers & borrowers, as well as directly with other licensed individuals who have clients in need of fast & alternative financing, and who can benefit from Private Money mortgages. (Qualify for our financing despite DTI ratios, credit score, property condition, difficult to prove income, etc. on purchases and refinances for owner occupied & investment properties.) 

Views: 7

Comment

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service