Well, the kids are back to school this week and next. summer is winding down and hopefully consumers come out of vacation mode. This has been a flat year so far as far as prices in metrowest massachusetts. Inventory is down from the peak by about 10% which is good. Interest rates while trending up a little are still good at about 6.255. The only negative and its pretty big is the subprime predicament mortgage co.s have gotten themselves into. I will say that for all the bad news in the media, its mostly the loan co.s and not the big banks.
I think its safe to say if you go to bank of america or wells fargo or other large banks for a loan there is no problem. I know for my part I will continue working harder to get my share of leads.
Anyone else have any thoughts on this?
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