I think we have! Money is starting to become easier to aquire and values seem to be stabalizing. We are also statring to see products come across our desks that were not around 12 months ago. Let's get through 09 and we will really see business pick back up in 2010!
Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA
Lancaster County PA RealEstate Expert 717-951-5552
Rates will stay reasonable until we see signs of inflation coming - and it's definitely coming.
Aug 25, 2009 02:55 AM
CMG Home Loans - Toms River, NJ
Josh, The reality is that there is more than enough money to lend, and lenders are willing to lend, It is just back to the good old days where you need a job to get a loan! Makes me laugh everytime I say that! but after 20+ years in this crazy biz I have seen EVERYTHING!
Aug 25, 2009 02:57 AM
Callahan's Home Inspections - Casper, WY
The worst is probably over for this round but we will see it again because we Americans rarely learn from our mistakes. You said it in your post, money is getting easier to aquire, new products (or new names for the same old stuff) is being marketed. I hope I'm wrong but.......
Aug 25, 2009 02:59 AM
AMAX Real Estate - Springfield, MO
REALTOR® Serving Springfield, Nixa and Ozark, MO
Josh, thanks for the upbeat post. After reviewing our market statistics in my area, I noticed that July was an AWESOME month, but the number of homes that went under contract were less than half for the same month. In my mind...that spells a downturn on the way. I'm trying to stay focused and positive and remind myself that I am also a contributing factor in making those numbers go back up where they should be.
Aug 25, 2009 03:01 AM
Guaranteed Rate, Inc. - Cockeysville, MD
Branch Manager/VP of Mortgage Banking
Thanks for all your responses! I agree in one way or another with all of you and it is a giant cycle! And Robert I bet you haven't seen everything! Yes jobs are number one but did you see the change last month? Let's see ahat happens next Friday! And yes inflation is coming! This spring and summer has really been awesome in our market in MD.
Aug 25, 2009 03:08 AM
Anonymous
I totally agree! Our market in East Texas is stablizing again. We can, once again, make a living selling homes. I just hope that what happened over the past two years won't be forgotten. Nothing that is easy comes without cost!
I will help educate my clients, help them make informed decisions and guide them to not get in over their heads! That is part of our job, if we truly have their best interest in mind! I love my job and want my clients to keep coming back.
Hope everyone has a spectacular end to the third quarter.
Aug 25, 2009 03:13 AM
#6
Rainer
4,852
4,852
Josh Pomles
Branch Manager/VP of Mortgage Banking
Comments(6)