Do the unique challenges of desert living impact property values during an economic downturn?

Oct 17, 2023 ... The housing market today also faces a recession very similar to that ... happen to the market in the future. That is difficult to ... Aug 31, 2023 ... The Great Recession was caused by lending and investing practices that led to a housing market crash and then a financial system collapse. Keywords: Credit Conditions, Expectations, Great Recession, Irrational Exuberance, House Prices. JEL Classification: E21, E32, G01, R31, D31, D84. Resumen ... Home values decrease, usually meaning a loss of profit for the seller. In extreme cases, houses may even sell for less than their original price, meaning the ... Oct 5, 2021 ... ... rates by central banks. Sahin and Girgin summarized that there were 207 interest rate cuts by central banks in 2020 [10]. Most of them happened ... Apr 12, 2025 ... Uncover the housing market reality check during a recession. Understand the historical impacts on home prices and mortgage rates. Nov 8, 2024 ... Key Findings · House prices in all submarkets in Cook County were above their pre-Great Recession levels in the second quarter of 2024. · Price ... Apr 8, 2025 ... ... recession, property analysts and economists say. ANZ economist ... “The big risk for property will be what happens to unemployment and also what ... May 21, 2020 ... “In a recession, more people are unemployed and cannot pay their mortgages,” says Tenpao Lee, Ph.D., a professor of economics at Niagara ... Mar 11, 2025 ... Recessions do end, but that doesn't mean they don't cause damage along the way. They also affect real estate markets and interest rates.