Neither is it a Seller's market. Confused? You are if you have had a deal stopped dead in the water by the Underwriter's need for MORE paperwork from your buyer. With the explosion of FHA loans over the past 6 months, paperwork has become king. But that follows since we are now dealing ever closer to the government which is known for their never ending forms.

One transaction I am involved in has been delayed by the underwriters for what we're told is more FHA forms. They have delayed us so long that my buyer has to get more recent forms since the original ones provided are now out of date for FHA approval.

I have run into 3 separate situations where the listing agent has left their property listed as ACTIVE in the MLS when in fact there was an agreement in limbo. It is evidence of the chaos in the mortgage realm. Buyers can't feel good about making an offer with that hanging over their heads. Sellers can't feel good about waiting weeks even months after the settlement date passes them by.

What I'm doing is holding on for dear life to ride this out because I know this too shall pass.

And prayer....lots of praying.