Historic Housing Market Corrections

[Kristin Mikula]

I read a lot about a pending market correction. What does a typical 18 year market cycle correction look like? 10-20% downswing? During the last crash we saw prices dip 50% in our area (So Cal) and prices have now surpassed the pre-crash value. I imagine that type of crash is an anomaly and historic corrections have been more moderate. Any information or resources to learn more about the market cycle would be fantastic!