I'm glad to see that DE has some good representation on the forum! Riick, I don't know if I would call that 5% number a "decline"... more like a market correction. :icon_mrgreen: I agree with you and Charlotte that more houses are sitting and there has been much less liquidity in the market (which, of course, is a nation-wide phenomenon right now).
Frank, I just got my NJ certification
Eyecrazy: ) so maybe we'll cross paths along I-295!
Most of my business is mortgage-based although I do handle a fair share for attorneys, accountants, estates, private individuals, etc. Most of my MB clients (although I have few left... I've fired most of them and go with either AMC work or my long-standing MB clients only) don't give me too much pressure anymore and two of them actually tell me "just go and appraise the property... it is what it is!". What a relief. I think that the sub-prime fiasco has really shaken up the industry and, although it's really hurting a lot of people right now, it will ultimately be what our market really needed to shake out the shady characters.
I don't do any work in Sussex because of the extended travel involved (plus I don't subscribe to the MLS that Sussex belongs to) but I've scoured every corner of New Castle and Kent. It's funny because I did an appraisal about a year ago in Bowers Beach near Frederica and it was the first time in my life that I didn't know that I was still in Delaware :laugh: . Other than that, I don't think that there's a place that I haven't been a least a half a dozen times doing appraisal work.
Riick, you said that you don't do much mortgage work... who are your primary clients (of course... you don't need to name names... just types like attorneys, accountants, etc)? I don't have enough non-mortgage work to keep me busy yet.
44nutman, my wife and I go to Orlando every year and I completely agree with you that I hate the cold! Is there a warm, beachy location that her and I can move to that hasn't been blown away by over-inflation?
If you find a place, let me know and I'm start packin'!
community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.
I'll never complain again about not having enough time to sleep or play on the internet!