I can't help but wonder what will happen to so many of the people who've become real estate agents in the last year or two now that the market has slowed in so many cities. I know that my business has taken a tumble and I've been at it for 5 + years, but then, I'm in Tucson, one of the formerly 'hot markets'.
The slowdown in other cities affects the business in Tucson because so many people come here from somewhere else to buy a retirement or second home. And if they can't sell their home in Chicago, San Diego, or Boston, they don't buy one here.
What's the experience in other second home markets?
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Tucson, AZ
former orginator
John, I have a loan originator in Florida I know who says they have 24 months of inventory. We are at 7 now in Tucson. She said "Paul, you are in a HOT market".
Sep 17, 2007 03:03 AM
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