Home values are coming down - is the real estate crash finally upon us?

People will tell you that the market crash is "just beginning" but make note for future reference when people think things in financial markets are just beginning, they are usually coming to an end. That doesn't mean the worst is necessarily behind us, although I think it is, but most definitely we would need a LOT more bad news to come out of left field to truly make this market crash. Prices are going down however, not crazily but down nonetheless. Rates for FHA, VA and Conventional loans have come down in recent days and this is fueling some demand coming back to the market. Hope this helps! Links below!
#sandiegorealestate #realestate #mortgage #valoan #realestateinvesting #mortgagerates #realestatecrash

GET A FREE LOAN QUOTE - FAST! All I need is the following:
- 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

LINKS:
https://www.cnbc.com/2022/08/01/home-prices-cooled-at-record-pace-in-june-according-to-housing-data-firm.html
https://www.facebook.com/photo?fbid=8114248021919414&set=a.124434324234197
https://www.cnbc.com/2022/08/01/federal-government-could-lose-197-billion-on-student-loans-watchdog.html
https://www.cnbc.com/2022/08/01/66percent-worry-a-recession-is-coming-what-concerns-each-generation-most.html