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Keeping it all in Perspective, Recession-wise.

I like perspective. Putting the incessant reports on a possible recession into context helps one, 

at the east emotionally, steer the course for what we are in and possibly heading

into. I have the Edward Jones link at the end of the article, to read in its entirety. DD 

Figure 1. Recessions are, on average, 10 months long, but have varied in length and magnitude.

Figure 1. Past Recessions: Length and Magnitude

Source: FactSet. 

These two charts show the length of recessions in months, with the longest in 2007 at 18 months and the shortest in 2020 at 2 months, while the average around 10 months, and the magnitude of recessions with the 2020 being the most severe at -10%.
Read this article in full Edward Jones Insights

Dawn Deegan is Broker Associate REALTOR with Premier Sotheby's International Realty, in Dr. Phillips, Orlando, FL. Dawn holds the designations of ABR (Accredited Buyer Representative); CRS (Certified Residential Specialist); GRI (Graduate Realtor® Institute),; SFR (Short Sale Foreclosure Resource); SRS (Seller Representative Specialist; and is also a Certified Negotiation Expert (CNE); Quality Service Certified (QSC), Transnational Referral Certification (TRC), and Gold Key Certified (GKC). Dawn is devoted to providing the best possible services and expertise to her Buyers and Sellers of residential Real Estate in the Greater Orlando area. This area includes Windermere, Winter Garden, Orlando, Winter Park, and Kissimmee. Dawn’s emphasis is on achieving the best possible sale through thorough market knowledge, communications, marketing, negotiations and transactional expertise, resulting in a quality experience for the Buyer or Seller of Real Estate. Contact Dawn Deegan at 407.488-8074 or at DawnDeegan@gmail.com Visit her at Dawn Deegan, Broker Associate | Premier Sotheby's International Realty

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