Since the end of WWII, the average recession has lasted 11.1 months and the average recovery, 58.4 months.
The Great Recession, the most recent, was 18 months, the longest recession since 1929. The recovery, now in its 81th month, is the 4th longest recovery since recording began in 1854.
The longest recovery ever, 120 months!
Interestingly, the current bull market is 84 months long, making it the third longest bull market in history.
We are still seeing the aftermath of “Too Big To Fail”.
I am always willing to talk with Agents that work this business the way it should be. I will always have room in our company for good agents.
Broker / Owner of NextHome Antonelli Realty
Where The Future Of Real Estate Is Coming in 2016.
Cell; 321-443-4028 Email; Info@PaulAntonelli.com