Crystal Blue Persuasion: 12 Qualitative & Quantitative reasons the real estate market is changing.
“Crystal Blue Persuasion” by Tommy James and the Shondells
1. Builders are selling their lots
2. MANY emails from vendors who wouldn’t return phone calls but are asking for work.
3. Supply is increasing
4. Values are stabilizing
5. DOM is increasing
6. Some construction vendors are moving away
7. Appraisal refi orders are increasing
8. Appraisal purchase orders are decreasing
9. Appraisal requests for “funky” properties. Loan officers are stretching to meet quotas.
10. Automobile numbers are down nationally
11. Rumors are more appraisals are busting deals, contract prices are above market value
12. Real estate agents are commenting, desperate to have appraisals meet or exceed contract price
BLT: “Crystal Blue Persuasion” by Tommy James and the Shondells
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– by Donald Trump