Slow 2017 In Socal?

[al002kim]

Hello fellow appraisers, just wondering how everybody started your 2017, my workload dropped at bottom since after the low mortgage rates by end of 2016...
I am trying to apply for other AMCs, any suggestions which and which areas of non-lending companies should I look for?
Also I was wondering if most lending companies and/or AMCs are trying to engage staff appraisers rather than fee appraisers.
I am also trying to build a decent website, I used to have alamode but almost never used it before its expiration, any sites should I look for help in designing?
I'm trying to get busy while I'm free but getting worried in not making any living as my family depends on it.
Thanks in advance!

 

[norapp]

I've been dead since day after election. Stock market going up but home sales and refi's have dried up. Checked my workload from last January and February and I've got about 1/4 number of jobs. No dinging on my phone from emails after 5pm which is when I usually get my assignments on the East Coast. No phone calls from people with Indian accents asking if I cover areas hours away. Phone not ringing. I am one of 7 Certified Appraisers in my county so I know it can't all be going to someone else. I am trying not to freak but this is no way to start a year.

 

[Joe Flacco]

Refi applications at lowest levels since 2009. Down 50% from same time last year. Purchase applications 3% higher than same time last year.

 

[Terrel L. Shields]

Feb is usually the low for the year in any year for mortgage rates

 

[A Horn]

January was okay, but February has been dead.

 

[Amy Perkins]

https://www.mba.org/2016-press-rele...-banks-profits-down-60-percent-in-4th-quarter

"Production profits dropped by over sixty percent in the fourth quarter of 2015 compared to the third quarter," said Marina Walsh, MBA's Vice President of Industry Analysis. "With the Know Before You Owe (TRID) rule going into effect last October 3rd and declining production volume compared to the third quarter of 2015, mortgage bankers saw their total loan production expenses climb to $7,747 per loan, from $7,080 per loan in the third quarter."

 

[Tim The Enchanter]

I got some breathing room, but that's about it.
Keep pecking away.

 

[glenn walker]

California ** Especially Los Angeles and Orange County ( in my opinion ) this has nothing to do with interest rates ** Nothing is affordable anymore ..Neighborhoods in LA that you would not take a walk in are $500,000 to $800,000 dollars ** We could have a -0- Interest rate and most working folks could not buy a home and FHA is over $620,000 in Los Angeles and Orange County for a 1,200 Sq.Ft. Box built in 1955 ** We re-inflated off the bottom but now we may have reached insanity ** Never know but it does not feel warm and fuzzy : )

 

[Tim The Enchanter]

California ** Especially Los Angeles and Orange County ( in my opinion ) this has nothing to do with interest rates ** Nothing is affordable anymore ..Neighborhoods in LA that you would not take a walk in are $500,000 to $800,000 dollars ** We could have a -0- Interest rate and most working folks could not buy a home and FHA is over $620,000 in Los Angeles and Orange County for a 1,200 Sq.Ft. Box built in 1955 ** We re-inflated off the bottom but now we may have reached insanity ** Never know but it does not feel warm and fuzzy : )

The warm and fuzzy comes when you cash out your chips at a high value, and move somewhere they hate you because of where you came from.
Oh, and you tell them you are from the rust belt somewhere. So, they don't hate you after all.

 

[gregb]

The warm and fuzzy comes when you cash out your chips at a high value, and move somewhere they hate you because of where you came from.
Oh, and you tell them you are from the rust belt somewhere. So, they don't hate you after all.

Yeah, change your car license plate before you arrive in North Carolina and practice some youalls.