Housing-News-Report-September-2018

HOUSINGNEWS REPORT

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How to Recession-Proof Your Real Estate Business Industry Experts Share Practical Steps They’re Taking

BY DAREN BLOMQUIST, EXECUTIVE EDITOR

A growing chorus of economists predicting the U.S. economy will enter recession territory in the next two years coupled with signs of a cooling housing market have many in the real estate industry wondering if they should batten down the hatches in preparation for a possible downturn.

As a follow-up to our analysis of how recessions typically impact the housing market last month, Housing News Report surveyed industry leaders in six real estate verticals to find out what steps they’re taking – if any – to prepare for a possible recession. The industry verticals surveyed were marketing and lead generation, mortgage, brokers,

investors, title and settlement services, and insurance services.

Not all experts interviewed agreed a recession is even likely.

“OwnAmerica is operating on the assumption that the market is very

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SEP 2018 | ATTOM DATA SOLUTIONS

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