A recession is a period of economic downturn.
In the U.S., the National Bureau of Economic Research is the authority that officially declares the country is in a recession.
“It’s just crazy,” Danny Perez, managing director of DFW-based M&D Real Estate, said in an interview this morning. “The numbers are worse than the 2008-2009 drops, which is where we saw the biggest drop in closed sales in the Great Recession. We’ve had a 37% drop in one year, so, we are seeing nearly double what we saw in the Great Recession.”
Information for you to use to make informed decisions for your family and friends.
FREENVESTING What’s Coming Is WORSE Than A Recession…
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