[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$ftfufdb60lgbl":3,"$ffeh0925h8cuz":47,"$f2emv3tus0uf1":51,"$fbwk2pqjjqsc7":55},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},1315,"homebuyers-shouldnt-worry-about-2008-all-over-again","Homebuyers Shouldn’t Worry About 2008 All Over Again","Last week, \u003Cem>realtor.com\u003C\u002Fem> released \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2019-03-29-Home-Shoppers-Remain-Optimistic-but-Believe-a-Recession-is-on-the-Horizon\">a survey\u003C\u002Fa> of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F01113846\u002F20190404-Share-KCM.jpg","Last week, \u003Cem>realtor.com\u003C\u002Fem> released \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2019-03-29-Home-Shoppers-Remain-Optimistic-but-Believe-a-Recession-is-on-the-Horizon\">a survey\u003C\u002Fa> of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market.\u003C!--more-->\r\n\r\nTwo major takeaways from the survey:\r\n\u003Cul>\r\n \t\u003Cli>42% believe a recession will occur this year or next (another 16% said 2021)\u003C\u002Fli>\r\n \t\u003Cli>59% believe the housing market would fare the same or worse than it did in 2008\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch4>\u003Cstrong>Why all the talk about a recession recently?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nOver the last year, four separate surveys have been taken asking when we can expect the next recession to occur:\r\n\u003Col>\r\n \t\u003Cli>\u003Ca href=\"https:\u002F\u002Fpulsenomics.com\u002F2018\u002F05\u002Fexperts-predict-u-s-recession-in-2020-and-point-to-fed-policy\u002F\">\u003Cem>The Pulsenomics Survey of Market Analysts\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fli>\r\n \t\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.wsj.com\u002Farticles\u002Feconomists-think-the-next-u-s-recession-could-begin-in-2020-1525961127\">\u003Cem>The Wall Street Journal Survey of Economists\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fli>\r\n \t\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.cfosurvey.org\u002Fwp-content\u002Fuploads\u002F2018\u002F12\u002FQ4-18-US-Toplines.pdf#page14\">\u003Cem>The Duke University Survey of American CFOs\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fli>\r\n \t\u003Cli>\u003Cem>The National Association of Business Economics\u003C\u002Fem>\u003C\u002Fli>\r\n\u003C\u002Fol>\r\n70% of all respondents to the four surveys believe that a recession will occur in 2019 or 2020 with an additional 18% saying 2021.\r\n\r\nHowever, we must realize that a recession does not mean we will experience another housing crash. According to the dictionary definition, a recession is:\r\n\u003Cblockquote>\u003Cem>“A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nDuring the last recession, a dramatic fall in home values helped cause it\u003Cem>.\u003C\u002Fem>\r\n\r\nHowever, according to \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fblog\u002F2019\u002F03\u002Fhousing-recessions-and-recoveries.aspx\">research\u003C\u002Fa> done by \u003Cem>CoreLogic\u003C\u002Fem>, home values weren’t negatively impacted as they were in 2008 during the previous four recessions:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F20190404-ENG-MEM.jpeg\">\u003Cimg class=\"aligncenter wp-image-39408\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F20190404-ENG-MEM.jpeg\" alt=\"Homebuyers Shouldn’t Worry About 2008 All Over Again | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nDuring the four recessions prior to 2008, home values depreciated only once (at a level that was less than 2%). The other three times home values appreciated, twice well above the historic norm of 3.6%.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf there is an economic slowdown in our near future, there is no need for fear to set in. Most experts agree with Ralph McLaughlin, \u003Cem>CoreLogic\u003C\u002Fem>’s Deputy Chief Economist, who \u003Ca href=\"https:\u002F\u002Fwww.financialsense.com\u002Fblog\u002F18957\u002Fhousing-market-cooling-heres-why\">recently explained\u003C\u002Fa> that there’s no reason to panic right now, even if we may be headed for a recession.\r\n\u003Cblockquote>\u003Cem>“We’re seeing a cooling of the housing market, but nothing that indicates a crash.”\u003C\u002Fem>\u003C\u002Fblockquote>","\r\nIf there is an economic slowdown in our near future, there is no need for fear to set in. Most experts agree with Ralph McLaughlin, \u003Cem>CoreLogic\u003C\u002Fem>’s Deputy Chief Economist, who \u003Ca href=\"https:\u002F\u002Fwww.financialsense.com\u002Fblog\u002F18957\u002Fhousing-market-cooling-heres-why\">recently explained\u003C\u002Fa> that there’s no reason to panic right now, even if we may be headed for a recession.\r\n\u003Cblockquote>\u003Cem>“We’re seeing a cooling of the housing market, but nothing that indicates a crash.”\u003C\u002Fem>\u003C\u002Fblockquote>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F20190404-ENG-MEM.jpeg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2019-04-02T10:00:35Z","2019-04-01T14:33:50Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},1314,"5-reasons-to-sell-your-house-this-spring","5 Reasons To Sell Your House This Spring!","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F04163708\u002F201904012-Share-KCM-1.jpg","2019-04-01T10:00:06Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},1316,"looking-to-upgrade-your-current-home-nows-the-time-to-move-up","Looking to Upgrade Your Current Home? Now’s the Time to Move-Up! ","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F04\u002F01163929\u002F20190403-Share-KCM.jpg","2019-04-03T10:00:52Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":52,"open":53,"shareSpread":54},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[56,60,61,62,66,70,74,75,79,83,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156,160],{"id":57,"name":58,"slug":59},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":63,"name":64,"slug":65},7,"Foreclosures","foreclosures",{"id":67,"name":68,"slug":69},8,"Infographics","infographics",{"id":71,"name":72,"slug":73},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},{"id":76,"name":77,"slug":78},34,"Senior Market","senior-market",{"id":80,"name":81,"slug":82},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},{"id":85,"name":86,"slug":87},41,"For Sale by Owner","for-sale-by-owner",{"id":89,"name":90,"slug":91},42,"Featured","featured",{"id":93,"name":94,"slug":95},45,"New Construction","new-construction",{"id":97,"name":98,"slug":99},52,"Luxury \u002F Vacation","luxury--vacation",{"id":101,"name":102,"slug":103},53,"Rent vs. Buy","rent-vs-buy",{"id":105,"name":106,"slug":107},80,"Time-sensitive","time-sensitive",{"id":109,"name":110,"slug":111},81,"Outdated","outdated",{"id":113,"name":114,"slug":115},147,"Internal","internal",{"id":117,"name":118,"slug":119},148,"Do Not Autopost","do-not-autopost",{"id":121,"name":122,"slug":123},320,"Inventory","inventory",{"id":125,"name":126,"slug":127},321,"Agent Value","agent-value",{"id":129,"name":130,"slug":131},322,"Affordability","affordability",{"id":133,"name":134,"slug":135},323,"Buying Tips","buying-tips",{"id":137,"name":138,"slug":139},324,"Downsize","downsize",{"id":141,"name":142,"slug":143},325,"Economy","economy",{"id":145,"name":146,"slug":147},326,"Equity","equity",{"id":149,"name":150,"slug":151},327,"Forecasts","forecasts",{"id":153,"name":154,"slug":155},328,"Selling Tips","selling-tips",{"id":157,"name":158,"slug":159},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":161,"name":162,"slug":163},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]