Most Experts Aren’t Worried About a Recession — And That Matters for Homebuyers
Homebuyers are watching the economy closely, and it makes sense—purchasing a home is one of the biggest financial decisions most people will ever make. With recession talk popping up in the media, many would-be buyers are wondering whether now is still the right time to make a move.
According to a recent LendingTree survey, nearly two out of three Americans believe a recession is on the horizon. And 74% say those fears are influencing their financial decisions.
But here’s the reassuring part: most economists aren’t nearly as concerned.
Americans Expect a Recession, but Most Experts Don’t
In an October report from the Wall Street Journal, only 1 in 3 economists predicted a recession within the next year. If the experts aren’t hitting the panic button, should you be?
The reality is simple: we’re not in a recession today, and there’s no guarantee one is coming. What we do have is uncertainty—something that’s always present when it comes to the housing market and the broader economy.
The smartest approach is to focus on facts, not fear, and make sure you’re equipped with solid information before making your next move. That’s where partnering with a trusted lender like Jet Direct Mortgage can give you clarity and confidence to explore your loan options.
Buying a Home During Economic Uncertainty: What Really Matters
Here’s the truth: while the economy moves in cycles, the reasons people buy homes rarely change. Danielle Hale, Chief Economist at Realtor.com, puts it perfectly:
“Well-prepared buyers who have been waiting on the sidelines are likely motivated by personal and lifestyle needs like growing families, new jobs, or retirement. And these considerations can outweigh short-term economic uncertainties.”
Life doesn’t wait for the news cycle—and neither should your homeownership goals.
That said, job stability is key. If you’re confident in your income and have a healthy savings cushion, experts agree there’s no need to delay your plans. Just be thoughtful and strategic as you proceed.
With more homes on the market and some buyers pulling back, you may have more leverage than you think. This can mean better pricing or seller concessions.
3. Be strategic about mortgage rates.
Talk with your lender about today’s rates, payment options, and strategies if rates decrease later on. Jet Direct Mortgage can walk you through fixed-rate, adjustable-rate, and rate-buydown options.
4. Consider selling before buying.
If you already own a home, selling first can reduce financial pressure and help clarify your budget for your next purchase, starting a pre-approval to a good place to begin to know where you stand.
You Don’t Have to Navigate This Alone
Even during uncertain times, homebuying can still be a smart move—if you’re financially stable and have the right team on your side. As Bankrate notes:
“Buying a home during a recession can sometimes be a good idea – but only for people who are lucky enough to remain financially stable . . . Be sure to enlist the help of an experienced local real estate agent.”
Pair that with an experienced lender like Jet Direct Mortgage, and you’ll have a full support system to help you secure the best deal and the right loan.
Bottom Line
Most Americans think a recession is coming. Most experts don’t.
If your job is stable, your finances are strong, and you have a real-life need to move, you don’t have to wait for economic uncertainty to pass.
Experienced Chief Operating Officer with a 26 + year demonstrated history of working in the banking industry. Skilled in all aspects of the residential mortgage market . Strong business development professional with a Bachelor of Science (BS) focused in Business Administration and Management, from St. Joseph College. A direct endorsement underwriter and a licensed Mortgage Loan Originator.
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