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Is the market turning the corner??

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Mortgage and Lending with Peoples Home Equity Inc.

I spoke to a representative from a major lender yesterday, and he said that his company is seeing the market at its bottom, and expects it to be turning the corner in the very near future.  I hope this is true.  Does anyone else on Active Rain have the same opinion, or do you think there are still more troubles to come??

Thanks,

Chris Haynes

www.besttnloans.com

Comments(3)

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The Entire Team of Price & Company Professionals
Price & Company Realty - Myrtle Beach, SC
Just like Karen, we've seen an increase in activity as well.  Bankers tell me they're busier than they have been, our listings are being shown more often, and we're getting new buyers making offers.  Yes, I think the market has turned.  Lets enjoy this new revolution.
Feb 20, 2008 03:43 AM
Peggie Davidson
BUSH Real Estate Group - Newnan, GA
Coweta - Fayette Real Estate

I am from Coweta County in Georgia, I have just started to notice momentum building. However our sales from last year accross the board are down over 30%.  One thing for sure everything changes. Keep the faith! 

Peggie Davidson

Bush Real Estate Group  

 

Feb 20, 2008 03:53 AM
R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham
Bank of England (NMLS#418481) - Raleigh, NC
Bob Mitchell (NMLS#1046286)

I haven't seen it personally yet, but from what I've read on here...business.....at least 'activity" seems to be picking up..

 

Bob Mitchell

ValueList Real Estate Services, Inc. 

Feb 20, 2008 04:00 AM