Quote:
Originally Posted by Slingin Sammy 33
Talking to a friend who is a real estate agent, the market for >$ 300K homes in our area has almost returned to normal, + $ 300K is still very slow.
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Gotcha, i think you meant less than $300k is getting better. Yeah, if you are over $300k it's very sluggish. It's still very sluggish under $300k but at least it's getting better. We're a long ways from being in a normal market but at least I think we've hit a bottom or we're at the bottom.
I'm a mortgage lender. It's been an extremely busy year w/ refi's and some purchases. It's seemed to have tapered off w/ increases in mortgage rates since the end of May.