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Actually, it is becoming a buyers market from where I sit, which is
fine. As a mortgage banker/broker I've clients who are now more
selective in what they are purchasing. They haven't stopped, yet more
selelctive. The 'inexperienced' investor is running scared I noticed
and that is great as they will possibly be the ones burned. If you are
not experineced and don't have a good team in place to help, then stay
out until it is a sellers market once again. Yet, now is the best time
to be an investor, great deals out there. I do many 90% and some 100%
N/O/O loans these days, so for some the market is going great.
Thanks
Samuel S - Princeton, NJ
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Re: Why no posts about the "elephant" in the room?
