Anyone seen a slow down in orders the last month?

[Terrel L. Shields]

Interest rates a nothingburger here. I have 6 pending - Feb was slow. Not so much now.

 

[PhillyNJ]

The most concerning thing for me is I’ve received 1 conventional order in a few weeks. That has never happened. Something is going on. And the only answer would be appraisal waivers.

 

[J Grant]

Oh, I see. It is slow because of Trump, but not busy because of Trump. Typical parrot.

Just like you guys never gave Biden the credit when RE appraisal had the busiest, most lucrative period during his first two years - just returning the favor !
But honestly, the president,so far at least, does not set interest rates, though their eocnolmy can trend the fed into higher or lower rates.

F

 

[Tom D]

Just like you guys never gave Biden the credit when RE appraisal had the busiest, most lucrative period during his first two years - just returning the favor !
But honestly, the president,so far at least, does not set interest rates, though their eocnolmy can trend the fed into higher or lower rates.

The fed is only concerned about inflation because that can affect banks & themselves return on lending. When there was no inflation and a hot employment, they still keep interest rates down. Part of inflation is government over spending their income received. This is why the fed is still not lowering rates. This is a whole political, all together group. to blame for over spending.
Mostly, i blame the fed for all the problems caused by not knowing when to raise or lower rates. Always done too late.

 

[Essexfenwick]

30 so far this month probably get to around 40. Averaging $600 fee. Best month in a while

 

[Evincere]

I was personally very busy this past month, with more purchases due to lower rates - the last few days it abruptly slowed down. It is impossible to predict what percent of appraisals are lost to waivers since they are so coy with the numbers and have no obligation to release them. Still, it is one more loss on top of others so only a longer trend pattern going forawars will reveal it.

Things picking up for me. Seems based upon owner information the Canadian snow birds especially are divesting

 

[Evincere]

"A man once said, nothing is more permanent than a temporary government program. That’s certainly the case."



View attachment 98181

Righto. The Miami has absolutely nut in to do with anything. Lol.

 

[alebrewer]

This month, I got busier because the interest rates were reduced. Trump does not make rates to down - though since his tariff plan is scaring investors and stoking fears of inflation, rates might react to that.

You can't make one single post without mentioning DT. I swear you and Evi have posters of him hanging on your ceilings.

 

[J Grant]

You can't make one single post without mentioning DT. I swear you and Evi have posters of him hanging on your ceilings.

For four years all the RW posted did was drag Biden into every post and appraisal topic and they stil do it even though he is no longer prez. .

 

[Essexfenwick]

If rates are going down it means inflation is going down.