Who is being hurt the most by the Recession?

Hate to say it, but its us. People in the mortgage and real estate industry are the ones getting hit the hardest right now. Its creating a very interesting dynamic where the people who are the "sales organ" for the real estate industry, the ones who are supposed to always be overly optimistic about it, are the ones getting nailed the most by it. Every recession is different and this one is no exception. Hope this helps you navigate the waters. Links below! :)

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- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in

APPLY for loan pre-approval 24/7 here: www.DerrickEvens.com
NEED A REALTOR IN San Diego? I know some of the absolutely best and happy to refer you to someone that works specifically in the area important to you.

Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046

#realestatecrash #sandiegorealestate #realestateinvesting #mortgagerates #realestate #valoan #recession

LINKS:
https://www.cnbc.com/2022/08/18/home-sales-fell-nearly-6percent-in-july-as-housing-market-slides-into-a-recession.html
https://www.cnbc.com/2022/08/18/jobless-claims-edge-lower-as-fed-looks-to-cool-labor-market.html
https://www.cnbc.com/2022/08/18/home-depot-and-lowes-cite-strong-demand-but-softening-could-be-ahead.html