If We're Headed Towards a Recession, What Does That Mean For Housing Prices In Orange County?

If We're Headed Towards a Recession, What Does That Mean For Housing Prices In Orange County?

From Orange County Housing Market News by Josh Alexander

April 11, 2025 · 9 min

About this episode

The episode discusses the fluctuations in mortgage rates and their implications for the housing market in Orange County amid potential recession concerns.

April 2025 Housing Market Forecast for Orange County Wow, what a rollercoaster week for mortgage interest rates! What happens if the US ends up in a recession? If you’re not glued to the housing market every day (most people aren’t!), here’s the scoop: last week started off with rates at 6.75%, dipped down to a 6-month low of 6.55% by Friday, and then zoomed back up to 7% early this week. As of today, we’ve settled around 6.92%. Yep, that’s a lot of movement in just a few days! So why all the bouncing around? A lot of it comes down to big news about tariff policies, which are creating uncertainty in the economy. When investors and markets get nervous, mortgage rates often feel the ripple effects—housing is definitely not immune. Now, you might be thinking: “Okay, but what does a change from 6.55% to 7% really mean?” Great question! If you were buying a $1 million home, locking in your loan at last week’s low instead of this week’s high could mean about $240 less per month on your mortgage. Interestingly, this recent swing in rates isn’t because of inflation (which actually came in lower than expected). Instead, it’s more about what’s happening globally with trade and tariffs…

People in this episode

Host: Josh Alexander

Topics covered

  • housing market
  • mortgage rates
  • recession impact
  • economic uncertainty
  • Orange County real estate

Keywords

  • housing prices
  • mortgage interest rates
  • recession
  • Orange County
  • tariff policies
  • economic uncertainty
  • real estate

Mentioned in this episode

Products: mortgage, tariff policies, inflation

Places: Orange County, US, global

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