That seems to be the main question on everyone's mind. Did the feds cutting rates do any good? Have you seen an increase in business? I have talked to a few lenders and it has increase their refinance buisiness but I hve yet to talk to a real estate agent that has seen an incrase of business because of it. Here in Southern California we have seen major price reductions on homes but at the same time the amount of sales is stagnant. So where are we in the cyle? Are we at the height of it or do you think it will get worse? I personallt think we have seen the worst of it but it will still take a couple years to recover. Im thinkin two years. any other guesses?
POST ALL REAL ESTATE LISTINGS AND OPEN HOUSES HERE FOR FREE!!
Comments(0)