Making It in the Bay

Is the United States in a Housing Recession?

By NBC Bay Area staff • •

NBC Universal, Inc. For the first time in a while, it’s not a sellers market when it comes to housing. Unfortunately, new numbers make it clear — it’s not a buyers market either, making some call it a housing recession. Scott Budman reports.

Can the housing market have its own recession?

Months of declining sales, but still high prices, mean a tough time for anyone wanting to buy or sell a house right now.

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NBC Bay Area’s Business and Tech Reporter Scott Budman spoke to both sides to see what they expect to happen next.

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