Does efficient client management become more important during an economic downturn?

Dec 20, 2024 ... Recessions may negatively affect home prices, making it more difficult for consumers to buy or sell. Flexible monthly mortgage payments may change, and retail ... Mar 21, 2023 ... ... to do what it takes to restore price stability. ... In 2007, after a long period of steadily rising house prices and increased lending, house ... House Prices: Generally, house prices drop when the economy enters a recession. · Mortgage Rates: Banks and lenders often lower interest rates to stimulate ... Jul 31, 2023 ... When a recession happens in the housing market, a few things generally follow: home prices and mortgage rates fall at the same time lenders tighten standards. Apr 9, 2025 ... What a recession would mean for home prices and sales ... By definition, a recession brings higher unemployment, increasing financial strain for ... Mar 11, 2025 ... The Great Recession lasted from 2007 to 2009, and it was extremely impactful on mortgages and the housing market because of the housing crash ... Oct 24, 2022 ... Some analysts foreshadowed that property prices could fall by as much as -30% if we experienced a severe recession. Jun 13, 2022 ... My understanding is if there is a recession then house prices will go down (i'm not sure how much. But may be it is depend) but I'm just wondering what will ... Apr 17, 2025 ... Historically, home prices don't actually fall much during recessions. The 2008 housing crash was the exception, not the rule. What we'll ... Dec 1, 2010 ... The present economic downturn has been, by many measures, the most severe since the Great Depression. The housing market has been buffeted ...