Who else is dead slow lately?

[Zoe]

So many people that have like 2-3-4% interest rates. They can't sell and get what they want at current interest rates. The FED has no choice but keep Fed funds rate as it is because of inflation. Fed funds rate, which is what banks pay has a direct impact on interest rates across the board.

If they loosen the reins, inflation would soar even more.

The best economist in the world know they want 2% inflation rate. DT is dreaming.

 

[Zoe]

Another thought. Many builders have like a floating interest rate. So don't expect a huge increase in building.

 

[glenn walker]

Being a one person shop is like being a one armed wall paper hanger..Each job is a week of work. It's not that your business is down.. it's your business has been so down that the loss of one or two orders seems like a market crash. It's difficult to manage a retirement schedule were you want just one or two orders a week and that's problematic because it tends to be either your flooded with work or you have few to none.

 

[Zoe]

Being a one person shop is like being a one armed wall paper hanger..Each job is a week of work. It's not that your business is down.. it's your business has been so down that the loss of one or two orders seems like a market crash. It's difficult to manage a retirement schedule were you want just one or two orders a week and that's problematic because it tends to be either your flooded with work or you have few to none.

Well Sir, lets see how this lower inflation promise works.

 

[J Grant]

JGrant one of smartest appraisers around. If I was a lender, I'll hire her.

! Appreciate it ! I assume the lenders must be very slow themselves - they can't assign work they don't have.

 

[swandel1]

My business has been down for over a year. Used to do quite a number of new builds, but that business disappeared when rates went up. They are still building but the majority of financing is going through the builder's mortgage companies because they are offering buy downs and other incentives. Plus there are about 400 active appraisers in my immediate area

yep...there is an over-saturation here in the Phoenix area also. Try getting into niche markets where there are no AMCs. You can make $1,zzz - $3,zzz per appraisal.

 

[glenn walker]

yep...there is an over-saturation here in the Phoenix area also. Try getting into niche markets where there are no AMCs. You can make $1,zzz - $3,zzz per appraisal.

Phoenix Metro not a good place to be an appraiser..same with Las Vegas Metro too many appraisers plus inspections in the hot months of the year can be brutal.

 

[J Grant]

If appraisers are slow, lenders are slow, and building slows down (though not yet?) RE agents slow down, processors, etc. - layoffs and foreclosures follow - if the housing market freezes or tanks, it will drag down an already fragile economy - running on a bit of false hope afterglow from DT - the problem is his promises will start to ring hollow if the economy stalls or worsens.

People wanted deportations, and while it was needed, the mass scale would be costly. Folks might disappointed if the deportations do not offer economic relief and perhaps worsen the economy. The illegal did not qualify for benefits, so they were less of a drain than portrayed - but they were consumers, and their purchasing $ will be gone- a number of them worked and some of them owned businesses - and employed others.

 

[BRCJR]

Busy in first weeks. Weather is big issue here. Bitter cold and snow - we are slated for below zero temps (not wind chill) in next 2 days. Pretty much was the same last year.

215K views · 2.1K reactions | Deteriorating conditions have caused a multi-vehicle pileup on snowy I-44 in Oklahoma. Storm tracker Charles Peek reports on what's happening. | The Weather Channel

Deteriorating conditions have caused a multi-vehicle pileup on snowy I-44 in Oklahoma. Storm tracker Charles Peek reports on what's happening..

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[Tim Hicks (Texas)]

Still working at the same rate as most of last year.