This post relates to the ongoing discussion about a recession vs. a temporary pause and strong rebound. 

I believe they are a longer term play and will rebound in the years to come.

That could be good (if the markets fall even further) or bad (if they rebound in a month or two).Now that doesn't sound like the advise this advisor is giving. 

What is the usual impact on your credit score after obtaining a mortgage and how long does it usually take to rebound?

With continued population growth and pent-up demand for housing, our region’s housing market will ultimately rebound.”Here are basic stats on residential sales for April 2020 for the City of Austin and the greater Austin area:I have been tracking the local market on a more fine-grained time scale since the beginning of the pandemic.

According to a new survey by Apartment List, the rate is similar to May and shows that even though other industries are rebounding, the situation has not yet improved meaningfully in housing.These figures stood at 24% in April and 31% in May, before falling slightly to 30% in June.

In other words, there are still lots of unfilled construction jobs that, if filled, would promote a sharper rebound in new construction.

Of course Covid has affected business but it has rebounded pretty sharply.

The rebound in pending home sales means that there likely won’t be repeats of May's significant downturn in existing-home sales for months to come.

Hi BP! Here is my current situation & I’m sure I’m not alone-
My daytime business travels to child care sites & provides ‘hands-on’ physical education programming. With the current state of the country, this...