Metamorphic
Senior Member
- Joined
- Mar 15, 2008
- Professional Status
- Certified Residential Appraiser
- State
- California
I was playing with the sales data through the end of October, and its very curious because all the high end sales are gone and the mid range sales are reduced in number.
See below.
Given the timing of the deacrease and the relative strength of the low end market makes me wonder if the lenders were spiking the high dollar loans during the run up to the bail-out, during all the bank closures in an attempt to hang on to their capitol.
Has anyone heard of such a thing or do you know a resource for checking on the availability of jumbo loans?
See below.
Given the timing of the deacrease and the relative strength of the low end market makes me wonder if the lenders were spiking the high dollar loans during the run up to the bail-out, during all the bank closures in an attempt to hang on to their capitol.
Has anyone heard of such a thing or do you know a resource for checking on the availability of jumbo loans?
