But with a high and hot market, will inevitably come a downfall.
The news is blasting with articles on signs of a recession coming in the next year. Reasons behind the big spook are the current trade policies particularly with China, geopolitical crisis and stock market correction.
So when can we expect a recession? Zillow Research conducted a survey that asked real estate experts, economists and strategists to predict the timing of the next recession. Over 100 experts weighed in and predicted it will likely hit us in Q3 of 2020 with the possibility of it spilling into 2021. It is important to keep information like this in mind in order to plan when the best time may be to buy or sell.