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sdrealtor
Participant50% divorce rate? Is it really that high?
BTW, I always check the closet in the MBR to see whether there are clothes for a husband and wife. If both are on the title it could be a sign of….well…..uh oh…you know..
ParticipantJust to clarify my comments on the presence of a tipping point. There is no question that the market has definitely turned. Personally, I felt the beginning of the change around June of 2004 which I think pretty much everyone would agree is far earlier than most of us here. However, the change happens at different times and under different circumstances for everyone. The idea that there is some mystical tipping point out there is utter hogwash IMO.
ParticipantJust to clarify my comments on the presence of a tipping point. There is no question that the market has definitely turned. Personally, I felt the beginning of the change around June of 2004 which I think pretty much everyone would agree is far earlier than most of us here. However, the change happens at different times and under different circumstances for everyone. The idea that there is some mystical tipping point out there is utter hogwash IMO.
Participant“First-time buyers are what drive the whole thing. Where do you think move-up buyers get the equity? From some chump, I mean first-time buyer, buying their house.”
Dont forget that it works both ways. there are move down buyers also for many reasons including but not limited to divorces, job changes, semi or full retirement etc. In fact many of the clients I am working with now are in exactly that position.
Participant“First-time buyers are what drive the whole thing. Where do you think move-up buyers get the equity? From some chump, I mean first-time buyer, buying their house.”
Dont forget that it works both ways. there are move down buyers also for many reasons including but not limited to divorces, job changes, semi or full retirement etc. In fact many of the clients I am working with now are in exactly that position.
ParticipantBTW, NAR is predicting a drop of about 40% in the number of practicing Realtors over the next couple years from 1.3M to 800K.
ParticipantBTW, NAR is predicting a drop of about 40% in the number of practicing Realtors over the next couple years from 1.3M to 800K.
ParticipantI think the idea that there is ever a tipping point for anything is absolute nonsense. While it has sex appeal and sells books, it a bunch of silliness.
Consumers exist in their own little worlds and act individually. The thought of herding cats comes to mind. Changes occurs over time gradually in the world of consumers.
Several years ago I was involved in the acquisition of a very large retail entity (over 5000 units) by one of the strongest brands in the world. They believed that with rebranding and their marketing muscle they could increase throughput by factors of “X”. My constant harping on them that change would be incremental and take many years fell upon deaf ears. From what I have heard after several years they still havent achieved their first year projections.
Perhaps the author of this thread is consuming something illicit with their morning coffee which led them to feel a palpable change?
ParticipantI think the idea that there is ever a tipping point for anything is absolute nonsense. While it has sex appeal and sells books, it a bunch of silliness.
Consumers exist in their own little worlds and act individually. The thought of herding cats comes to mind. Changes occurs over time gradually in the world of consumers.
Several years ago I was involved in the acquisition of a very large retail entity (over 5000 units) by one of the strongest brands in the world. They believed that with rebranding and their marketing muscle they could increase throughput by factors of “X”. My constant harping on them that change would be incremental and take many years fell upon deaf ears. From what I have heard after several years they still havent achieved their first year projections.
Perhaps the author of this thread is consuming something illicit with their morning coffee which led them to feel a palpable change?
ParticipantJust one minor point. I dont know if the number you posted is acticve re agents or RE licensee’s. The number of licensee’s is far greater than the number of active re agents. Lenders have licenses as do appraisers. There are many inactive licensee’s that left the business also.
ParticipantJust one minor point. I dont know if the number you posted is acticve re agents or RE licensee’s. The number of licensee’s is far greater than the number of active re agents. Lenders have licenses as do appraisers. There are many inactive licensee’s that left the business also.
July 25, 2007 at 9:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #67584ParticipantThe reports of weekly NOD’s from my title rep are still hovering around 70 pages. No dramatic shift either way yet.
July 25, 2007 at 9:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #67650ParticipantThe reports of weekly NOD’s from my title rep are still hovering around 70 pages. No dramatic shift either way yet.
ParticipantDoes anyone know anything about DEUTSCHE BANK? They seem to end up with the majority of the REO’s I see around SD.
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