16-08-2017 21:43 via rismedia.com

Experts: Expect a Downturn, but Not Because of Housing

Housing experts questioned in Zillow’s latest Home Price Expectations Survey are anticipating another downturn in the next three years, but one set off by a “geopolitical crisis,” not the real estate market. There is a 73 percent chance a recession will happen by 2020, according to the quarterly survey, and of the more than 100 respondents, the majority expect the slump to majorly affect housing in Miami and San Francisco—and Los Angeles and New York, to a lesser extent&m
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