Comments on: Last one out of the mortgage business, please turn off the lights! http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/ Just another WordPress weblog Fri, 21 Nov 2008 06:00:25 +0000 http://wordpress.org/?v=2.6.3 By: Tara Lyons - Belleville Real Estate http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-697 Tara Lyons - Belleville Real Estate Thu, 25 Sep 2008 05:07:41 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-697 All I can say is I'm glad we're not in the same shape up here in Canada. We saw a slow down, but th market is still pretty strong. It's not quite a buyers market, more balanced than anything. I hope things start improving for you guys down there. All I can say is I’m glad we’re not in the same shape up here in Canada. We saw a slow down, but th market is still pretty strong. It’s not quite a buyers market, more balanced than anything.

I hope things start improving for you guys down there.

]]> By: St George Rental http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-693 St George Rental Mon, 22 Sep 2008 18:13:35 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-693 There are a lot of mortgage brokers that I know who are going into the insurance market to help them on the side as the mortgage crisis continues. Some mortgage companies are leaving and closing doors faster than they started. There are a lot of mortgage brokers that I know who are going into the insurance market to help them on the side as the mortgage crisis continues. Some mortgage companies are leaving and closing doors faster than they started.

]]> By: Office Space http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-686 Office Space Wed, 17 Sep 2008 15:10:47 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-686 I am in Florida and the value of houses has dropped 39% in the last couple of years. Hopefully, the prices will eventually rebound though. In many places is now cheaper to buy a house than it is to rent so many of the long time renters may start buying houses now. But the reverse is the case in the UK,were it's actually cheaper to rent than to buy a home. With the Credit crunch hitting big investments and financial firms, you expect to see distress in the property market. And of course once people start buying prices will start to go back up as well. Thanks Monica I am in Florida and the value of houses has dropped 39% in the last couple of years. Hopefully, the prices will eventually rebound though. In many places is now cheaper to buy a house than it is to rent so many of the long time renters may start buying houses now. But the reverse is the case in the UK,were it’s actually cheaper to rent than to buy a home. With the Credit crunch hitting big investments and financial firms, you expect to see distress in the property market. And of course once people start buying prices will start to go back up as well.

Thanks

Monica

]]> By: Ki@Austin Real Estate http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-685 Ki@Austin Real Estate Wed, 17 Sep 2008 09:32:33 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-685 Crap 2010. I was hoping for a recovery in 09 instead of 10. But it will take a while to cycle out the bad loans. Crap 2010. I was hoping for a recovery in 09 instead of 10. But it will take a while to cycle out the bad loans.

]]> By: Upstart Agent@Real Estate Blog http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-682 Upstart Agent@Real Estate Blog Wed, 17 Sep 2008 00:49:32 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-682 I think it all depends on the area - some places are still doing well while others not so well. It does seem that a lot of mortgage companies and banks are going out of business though! I think it all depends on the area - some places are still doing well while others not so well. It does seem that a lot of mortgage companies and banks are going out of business though!

]]> By: ERIC OLSON http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-678 ERIC OLSON Wed, 10 Sep 2008 18:55:30 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-678 Why is everyone waiting? The market is tough but look at it this way there are less agents and LO's in the business and this means less competition. If we all pump up the market and stop dwelling on the negative the buyers will come back and the turn around will occur sooner. Stop sulking and start telling everyone about the great things you see. The glass is still half full. Austin for example, where I practice Real Estate, is doing great we are seeing excellent investment opportunities. Now is the time to buy and get a great deal. GO FOR IT!!! Why is everyone waiting? The market is tough but look at it this way there are less agents and LO’s in the business and this means less competition. If we all pump up the market and stop dwelling on the negative the buyers will come back and the turn around will occur sooner. Stop sulking and start telling everyone about the great things you see. The glass is still half full. Austin for example, where I practice Real Estate, is doing great we are seeing excellent investment opportunities. Now is the time to buy and get a great deal. GO FOR IT!!!

]]> By: Las Vegas Short Sales http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-672 Las Vegas Short Sales Mon, 08 Sep 2008 21:46:23 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-672 We come across this topic on just about every comparative market analysis we do nowadays. The big question that potential Las Vegas home sellers has is if (or when) prices are going to recover. Unfortunately, our opinion is that this is going to take much longer then just weeding out the bad loans since prices went up due to these loans in the first place. We come across this topic on just about every comparative market analysis we do nowadays. The big question that potential Las Vegas home sellers has is if (or when) prices are going to recover. Unfortunately, our opinion is that this is going to take much longer then just weeding out the bad loans since prices went up due to these loans in the first place.

]]> By: Team Aguilar @ San Diego Real Estate http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-670 Team Aguilar @ San Diego Real Estate Sun, 07 Sep 2008 01:22:55 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-670 I think the election results could be a huge factor to getting this economy back on track! I am not going to express my political opinion in this forum but I think it's important to make sure we make the correct decision and get back to a better healthier economy! I think the election results could be a huge factor to getting this economy back on track! I am not going to express my political opinion in this forum but I think it’s important to make sure we make the correct decision and get back to a better healthier economy!

]]> By: John@Marland Real Estate http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-667 John@Marland Real Estate Fri, 05 Sep 2008 01:02:18 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-667 Personally I don't think they'll be a difference between Republican or a Democrat. I think the important thing is just for the uncertainty to be over. Once the election is over people can stop worrying about it. Personally I don’t think they’ll be a difference between Republican or a Democrat. I think the important thing is just for the uncertainty to be over. Once the election is over people can stop worrying about it.

]]> By: Lance@Phoenix Townhomes http://www.teamaguilar.com/blogs/last-one-out-of-the-mortgage-business-please-turn-off-the-lights/#comment-665 Lance@Phoenix Townhomes Tue, 02 Sep 2008 22:42:15 +0000 http://www.teamaguilar.com/blogs/?p=456#comment-665 We are seeing alot of the same issues here in Phoenix. Not only are we having a difficult time finding people that qualify but keeping people in the town homes sold already is difficult. We are seeing alot of the same issues here in Phoenix. Not only are we having a difficult time finding people that qualify but keeping people in the town homes sold already is difficult.

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