My franchise leaders have been talking about this for some time. My market center has started to prepare for a shift, but I'm not sure they are preparing for a downturn. I think they are preparing for a deeper sellers market. I can see where foreign investors are much more sensitive than domestic might be. If foreign investors get skittish and sell off, you are right, we will have problems. Some of these larger REITS have quite the holding of single family homes.
Ouch, we did not even see coming out of the slump yet, and you are talking about yet another one?
Are we going to see light at the end of the tunnel... ever?
We might be on an 8-month cycle. I do have a little bit of hope for the next couple years.
Jon Kolsky I can see what you're saying but I'm generally optimistic about the hustle. Good luck in everything that you do!
Paddy Deighan JD PhD ~ this is a great question to ask. And thanks to Laura Cerrano I'm here (I get confuesd with Jon Zolsky, Daytona Beach, FL all the time.) I wish we knew the answer, that would make things a lot easier on all of us. The way I see it- it doesn't take much to get the ball rolling in the other direction and eventually it will roll in the other direction![]()
my concern is that the default rate is climbing again and credit is tightening...and Dodd Frank REQUIRED more sub-prime loans, Also the auto rate default is climbing as is student loan defaults
Paddy Deighan JD PhD Lately, people asking the same question!