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Are We Talking Ourselves Into a Recession?

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Are We Talking Ourselves Into a Recession? Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago August 29, 2019 1,111 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Economy HELOC Recession 2019-08-29 Seth Welborn Tagged with: Economy HELOC Recession Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days agocenter_img Related Articles Previous: Fannie and Freddie Prep Servicers for Hurricane Dorian Next: The Industry Pulse: Updates on LoanLogics, WFG, and More Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Investment, Market Studies, News The Best Markets For Residential Property Investors 2 days ago  Print This Post The bond market is at a historic low, but the overall pulse of the economy is strong as many are becoming fearful of a recession, Brent Beardall, CEO of Washington Federal told CNBC.“My biggest concern is that we’re so worried about a recession that we talk ourselves into a recession,” said Beardall. “We’re not seeing a recession on the streets today.”In this Video Spotlight, Beardall discusses the health of housing and the strength of the consumer, with a focus on HELOCs and recession fears.The risk of a recession is on everyone’s mind, both in the U.S. and around the world. Realtor.com notes that Germany is already teetering on the brink of recession and the U.K. is facing unrest related to “Brexit”, while in the U.S., a rapidly escalating trade war with China is increasing fears. However, despite these risks, real estate should be safe, unlike in 2008.”This is going to be a much shorter recession than the last one,” predicts George Ratiu, Senior Economist with realtor.com. “I don’t think the next recession will be a repeat of 2008. The housing market is in a better position.”“There’s real reason we could talk ourselves into a recession,” Bearden notes. He goes on to state that an upcoming recession may be little more than a debt, not a serious recession like in 2008. Share Save Are We Talking Ourselves Into a Recession? Sign up for DS News Daily Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. last_img read more