October volume

[soucat]

How’s everyone’s volume been the last couple weeks? It was raging in September but pretty quiet in October so far in SoCal.

 

[Alsie35]

Was away all September on vacation, but the last two weeks down here in SoTX have been very slow - five 1004s and four 2055s. That's it. And the quotes have also been few (quotes mostly for out-of-area/Manufactured/Multi-Family stuff we don't do).

So - yeah - even down here, where we've been busier than in many parts of the country the past few years, it has definitely slowed down a lot. Its the high interest rates, combined with the the waiver/Hybrid BS - though how much that is having an impact is an unknown. Probably quite a bit.

 

[Tom4value]

Pretty much what I have done most of the year. Monday- “Crap! I have squat!” Friday- “Well, was a pretty good week!”. The good part? I can get done typing reports of appraisals I did yesterday, or even today, then go on Appraiser’s Forum.

 

[shrubberyvaluation]

Volume seems fine to me.

 

[OSU Beavers]

Very Bad. I actually got an order assigned at C&R fee, but then the buyers decided to go with an Appraisal Waiver.

 

[Essexfenwick]

Same as usual. pretty busy month then a slow month or 2 then a busy month.

been that way since rates went up after the china virus.

 

[Bobby Bucks]

Playing catch up after a week in the tropics the last week of September for an overdue vacation. Had a busy first week in October, then a slow week. With a lone wolf shop the math/market is always confusing.... too busy one week, not busy enough the next. I think tariffs give people a reason to delay refis due to typical human uncertainty. When it slows down I come in here and search for USPAP infractions in posts. I've found 5 this week, 1 in this thread. I've tried to warn you boys that the USPAP police are always watching and taking names. I take that part of my business very seriously although it's only a sideline. Next week my focus will be on Dallas/Fort Worth members.

 

[alebrewer]

Mortgage apps were up the first part of Oct, and rates continue to fall, but I agree - it 'feels' slow RN.

 

[shrubberyvaluation]

Its been enough volume for me. Also getting more of the lowlifes reaching out wanting next day turnaround 24 hours for $300, which is a good thing, since their usual crop of appraisers probably aren't doing them, or all of them.

 

[J Grant]

slow
The orders are mostly complex or oddball, though a few regular ones trickle in.