Realtors predict 8.6 percent drop in '07 U.S. home sales -- duh?? - Realtors Marketing Tips, Talk, Webmasters Forum

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#168913 - 09/11/07 02:08 PM Realtors predict 8.6 percent drop in '07 U.S. home sales -- duh??
MaxReferrals Member Registered: 09/22/06 Posts: 216 Loc: USA	NAR came out today with that news. http://biz.yahoo.com/ap/070911/housing_forecast_realtors.html?.v=8 Lawrence Yun, NAR's senior economist, said lower sales are related to... "the ongoing problems in the mortgage market for people with weak credit and a lack of funding for jumbo home loans above $417,000." _________________________ " Real Estate by Referral - 'Operations Manual' " Auto-Pilot System For Agents To Run Their Business 100% By Referral. Scripts, Letters, How To Ask For Referrals, and More! http://www.MaximumReferrals.com
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#169006 - 09/11/07 07:47 PM Re: Realtors predict 8.6 percent drop in '07 U.S. home sales -- duh?? [Re: MaxReferrals]
VacationGuy Member Registered: 08/23/07 Posts: 389 Loc: SC, US	I don't know about your area but in my area - the median home price is a good bit lower than $417,000 and we are SLOW - I don't think funding jumbo loans is the problem? _________________________ Myrtle Beach Real Estate Myrtle Beach Foreclosures Pawleys Island Real Estate
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