How do I protect my home's value during economic downturns?
Focus on what you can control: maintain your home diligently, avoid over-leveraging with high-interest debt, and avoid making major unforced moves like selling in a panic. Keep up with routine maintenance so small issues do not become big ones. If you can wait out a downturn, historically home values recover over time. Stay informed about local market conditions through your agent.
Why It Matters
Market downturns are temporary, but neglecting maintenance can cause permanent damage to your home's condition and value.
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