So how is your June?

[Greg Bell]

Wisconsin should fall Little harder in the upcoming Recession/Depression.It's time for the summer dead car bounce , poor fluffy..

 

[Steve Metz]

Much better than April or May. June I have done 6 1004's and 2 orders just came in this morning. Of course last year I did 55 1004's in June back in the good old days.

 

[TITAN1]

Geez, I guess I am not the only one eating Beans and Rice....

Your lucky you have beans to eat ! I just have rice, and not much of it left.
2 FHA 1004 for me through the 25th, thats it. Started looking for a job today.

 

[Doug in NC]

Although I had a pretty good May, June is running well below average. Lender work is nil. Seems diversification is paying off now for those who don't rely solely on residential lending for their livelihood. Wish I were better diversified.

 

[Wolverinefan]

Do you all think the cross country mortgage low for May and June has anything to do with the stimulus checks arriving? Maybe people are getting these checks and not refinancing right now? Just a thought.....

 

[James R]

Some people said the same thing about April and tax time. I think we are just in a serious slowdown.

 

[reaper]

on par this month. Really slow the first 2 weeks and then it hit. We're at nearly 40 orders this month. Ton of refis on land thats been listed for a year plus (12 of them to be exact)

 

[DelMarValuations]

I think I accepted 5 res lending assignments this month, which is unusually high. Interestingly enough, two were from MBs...I have completed an MB assignment in eons. Both were due to lenders rejected the first reports submitted by whoever they were using. Plus we received numerous other review requests. We make it clear that doing a review and doing an appraisal are two separate assignments, and that the cost for doing so is higher than preparing a separate appraisal, so we very rarely get a review.

Nonlending work, as always, is streaming in. Plus plenty of commercial work referred to me this month.

My bold - how does a residential appraiser do commercial work?

 

[Tom Foster]

As of today 6/27/2008 23 appraisals so far this month > just me solo.

June of 2005 113 Appraisals, but had I had 2 trainees with me that year.

 

[LA Woman]

Slowest year on record, slowest month on record, slowest week on record. Ususally by now work has really picked and I HAVE to work over 4th of July. Looks like this 4th I will actually be able to take time off.