{"id":5955,"date":"2025-08-27T11:18:48","date_gmt":"2025-08-27T11:18:48","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/08\/27\/history-shows-the-housing-market-always-recovers\/"},"modified":"2025-08-27T11:18:48","modified_gmt":"2025-08-27T11:18:48","slug":"history-shows-the-housing-market-always-recovers","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/08\/27\/history-shows-the-housing-market-always-recovers\/","title":{"rendered":"History Shows the Housing Market Always Recovers"},"content":{"rendered":"\n

$\"History$ \n

Now that the market is slowing down, homeowners who haven\u2019t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data<\/a> from Realtor.com<\/em>, the number of homeowners taking their homes off the market is up 38% <\/strong>since the start of this year and 48%<\/strong> since the same time last June. For every 100 new listings in June, about 21 homes were taken off the market.<\/p>\n

And if you\u2019ve made that same choice, you\u2019re probably frustrated things didn\u2019t go the way you wanted. It\u2019s hard when you feel like the market isn\u2019t working with you. But while slowdowns can be painful in the moment, history tells us they don\u2019t last forever.<\/p>\n

History Repeats Itself: Proof from the Past<\/strong><\/h4>\n
This isn\u2019t the first time the housing market has experienced a slowdown. Here are some other notable times when home sales dropped significantly:<\/p>\n
\n
1980s:<\/strong> When mortgage rates climbed past 18%<\/a>, buyers stopped cold. Sales crawled for years. But as soon as rates came down, sales surged back, and the market found its footing again.<\/li>\n
2008:<\/strong> The Great Financial Crisis was one of the toughest housing downturns in history. Sales and prices both dropped hard. Still, sales rebounded once the economy recovered.<\/li>\n
2020:<\/strong> During COVID, sales disappeared overnight, and many people had to put their plans on hold. Yet the recovery was faster than anyone expected, with a surge of buyers re-entering the market as soon as restrictions eased.<\/li>\n<\/ul>\n
The lesson is clear: no matter the cause, the market always rebounds.<\/strong><\/p>\n
Today\u2019s Situation: Where We Stand Now<\/strong><\/h4>\n
Over the past few years, home sales have been sluggish. And one big reason why is affordability. Mortgage rates rose at a record-breaking pace in 2022, and home prices were climbing at the same time. That combination put buying out of reach for many people. And when demand slows, home sales do too.<\/p>\n
The Outlook: Why Things Will Improve<\/strong><\/h4>\n
But here\u2019s the encouraging part. Forecasts show sales are expected to pick up again moving into 2026.<\/strong><\/p>\n
Last year, just about 4 million homes sold (shown in gray in the graph below<\/em>). And this year is looking very similar (shown in blue<\/em>). But the average of the latest forecasts from Fannie Mae<\/em><\/a>, the Mortgage Bankers Association<\/em><\/a> (MBA), and the National Association of Realtors<\/em><\/a> (NAR) show the experts believe there will be around 4.6 million home sales in 2026 (shown in green<\/em>).<\/p>\n
And a big reason behind that projection is the expectation that mortgage rates will come down a bit, making it easier for more buyers to jump back in.<\/p>\n
$\"a$ <\/a>That means what\u2019s happening now is part of a cycle we\u2019ve seen before. Every slowdown in the past has eventually given way to more activity, and this one will too.<\/p>\n
Just like the 1980s, 2008, and 2020, today\u2019s dip in home sales is temporary.<\/strong><\/p>\n
What That Means for You<\/strong><\/h4>\n
If you\u2019ve paused your moving plans, you did what you thought was right. Your frustration is valid. But it\u2019s also important to remember the bigger picture. Housing slowdowns don\u2019t last forever.<\/p>\n
That\u2019s where your local real estate agent comes in. Their job is to keep a close eye on the market for you. When the first signs of a rebound appear, they\u2019ll help you spot the shift early so you can relist with confidence.<\/p>\n
Bottom Line<\/h3>\n
If today\u2019s housing market feels stuck, remember it\u2019s never stayed down for good. Slowdowns end, activity returns, and people get moving again. So, connect with a local real estate agent, because when the next wave of buyers shows up, you won\u2019t want to miss it.<\/p>\n
As activity picks up again, will you be ready to put your house back on the market, or do you need to move sooner?<\/strong><\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"
Now that the market is slowing down, homeowners who haven\u2019t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since […]<\/p>\n","protected":false},"author":1,"featured_media":5956,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-5955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/08\/20250827-Blog-Header-Image-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1y3","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5955"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5956"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}