What happened to all the work?

[Marko11]

I have never seen it this slow in the North East.

 

[elissat]

This is my worst month EVER! Down 90% from last year the sme month! I'm in Snowbird Country SWFL.

 

[Elliott]

 

[Tom D]

yous haven't been around long enough. this is the problem with our income. bumper years, then comes the drought. and if you haven't saved for that, you up the creek with no paddle.

 

[Terrel L. Shields]

I'm supposed to be semi-retired. But I have had hardly a day off since Xmas. And that was partly because I was going thru therapy on a bum knee. NW Arkansas is one of those places where the economy isn't responding at all to the inflation and high interest rates. Across the line in Oklahoma, well, not so much. But since I do not even do secondary market appraising and don't even own software per se, I'm not sure the residential appraisers here are as busy. My advantage is being a CG and working for community banks and private parties. I don't know any appraisers here who are not as busy as they want to be. And we are still short of CGs. I am the only one on this side of my county, which is the fastest growing county in the state. So, banks are having to use appraisers from 30 miles to the east to do these and they don't want to go that far, so are getting a premium.

I keep thinking it has to slow but the exodus from California is obviously impacting the area. A local fireman who does fire marshal duty for a small, basically rural town (it has 2 stores and a regional airport) said that about half the houses he inspects are purchased by Californians. One reason I am glad I am old. I saw what Californians done to Colorado, turning it into California-lite.

 

[IlliniApp]

half the houses he inspects are purchased by Californians. One reason I am glad I am old. I saw what Californians done to Colorado, turning it into California-lite.

 

[OSU Beavers]

Powell did not start raising rates slow and steady like he should have at the end of 2020 because he feared that Biden would not reappoint him. So we got the fast and steep jump in rates which killed our livelihood.

Biden continues to halt foreclosures in the hope of kicking the problem into 2025, so all of that juicy, juicy repo drive by and REO work that we should be getting to keep us afloat is gone.

Hybrid inspections which should have been canceled as soon as the Plandemic was over are now here to stay because Biden says appraisers are racists.

 

[Charles West]

California is dead last in job creation. Newsom destroyed huge swaths of the economy with his pandemic shut down, a policy that throttled small businesses destroying countless California family's wealth and dreams and this is the result of the fruits of his labor. He's now running around freaked out that Trump is going to be re-elected with a bunch of virtue signaling nonsense.

 

[djd09]

Shark Tank's Barbara Corcoran explains
why house prices are set to go 'through
the roof'​

Daily Mail, by Tilly Armstrong

Original Article

Posted By: OhioNick, 3/28/2024 9:01:56 PM

Shark Tank star Barbara Corcoran has revealed when housing prices will go 'through the roof'.The self-made real estate millionaire said a fall in interest rates is key - to lower the cost of borrowing and attract buyers who will bid up prices.The 'magic number' is a fall of 1 percent to take mortgage rates under 6 percent. 'If rates go down, just another percentage point, prices are going to go through the roof,' Corcoran said in a Fox Business interview Wednesday. 'Everyone will come out and buy...'

 

[OSU Beavers]