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Started By
Message
re: Housing: WTF?
Posted on 3/17/23 at 7:16 am to ronricks
Posted on 3/17/23 at 7:16 am to ronricks
quote:
Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Stop spreading misleading information.
Super short term indicator. Applications are still down significantly year over year. As a group mortgage bankers are making way less money than before.
2
Posted on 3/17/23 at 7:23 am to SaintsTiger
I recently asked some title attorneys how business was and it ranged from down 25-33% this year.
Posted on 3/17/23 at 11:17 am to SaintsTiger
quote:
Stop spreading misleading information.
The housing market hasn't crashed. I'm not the one spreading misleading info then having to come back and correct myself. I'm just as shocked as the original poster about the housing market. It's still going strong for the most part. Wishcasting for 4 years about a 'crash' (and being wrong) doesn't change anything. Telling us it will be a slow decline (duh) doesn't change anything. Yes, the housing market will eventually correct and level out but there isn't a poster on here who knows when that will happen. Could be next month could be next year could be 3 years. Predicting this and it taking 4 or 5 years to happen doesn't make you a sage.
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