Interview: Appraiser Who Brought Down Countrywide By Isaac Peck, Associate EditorThe U.S. housing bubble and the corresponding real estate market crash of 2007-2008 brought about one of the most severe economic downturns in America since the Great Depression.

Such minimum loan amount restrictions came into being during the depression due to scammer types.

It was not easy and @ times depressing.

Actually Denis, the jobs are probably not that big an issue, our area has been depressed for quite awhile now and is starting to slowly show signs of an upswing with a lot of downtown development.

Today I spent 4 hours walking a set path in my neighborhood looking for vacant or depressed houses.

The C and D class stuff for the most part has high vacancy and depressed rents, but asking for sale prices have been climbing regardless.

I'm a nurse in NY and treating covid has left me depressed.

I was starting to fall into depression.

I would have to wait for prices to return to refi it (and credit markets to soften), but my DTI with rental income (0% - 7%) should allow me to get into another deal here in Denver at depressed prices (at 20% down).

While this is in a nice area and on the water the perception of the area has kept prices depressed.