Do You Have Housing Recession PTSD?
Here’s Why This Housing Slowdown is Nothing Like the Great Recession
Are you worried that rising interest rates might downsize your dream of owning a cute little three-bedroom bungalow to a studio walk up?
Do your besties groan when you open your Zillow app at happy hour?
Has your realtor threatened to fire you because you urgently request a showing only to change your mind and cancel? And then change your mind again?
Did you survive the housing crash of 2006–2008?
If you answered YES to any of these questions, you might have Housing Recession PTSD. For those of us that lived through the Great Recession, the current news has all asking ourselves if 2022 will be anything like the housing crash fifteen years ago. I am a realtor who got my start in this business in the early 2000’s when we had so many buyers lined up out the door that “Next” was our standard client greeting. In 2006, our nationwide tune changed when the housing market froze up like an old Frigidaire in a beat-up rental house and realtors in every town in America started contemplating the upsides of selling life insurance instead. Many did. Me? I kept right on selling.
Sure, buyers were fewer and farther between, but many of the folks who still…
