Residential Real Estate Agent · Scottsdale, AZ · Member since 2008 · 72 posts · 0 votes
I think that the market has been spiraling into recession well over the last three or four quarters. Technically, I believe we are in a recession now but the media is keeping it quiet. The holiday shopping,GDP decrease,energy costs, dollar strenght has all been down for a while. Is it a recession now or only on it's way?
I think that the market has been spiraling into recession well over the last three or four quarters. Technically, I believe we are in a recession now but the media is keeping it quiet. The holiday shopping,GDP decrease,energy costs, dollar strenght has all been down for a while. Is it a recession now or only on it's way?
This was posted in March of 08 and the recession has started. Interesting to see that people that posted about it were questioning it. Anyone that did RE during that time could share some thoughts?