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HOUSING MARKET ON BORROWED TIME?
June 14th, 2020 7:13 AM
Mortgage lenders last month(May) responded to the increased risk and uncertainty in the economy. Credit availability continued to decline with further pullback in investors desire for loan programs with low credit scores and high loan to total value(LTV).
Demand is still UP, assisted by "all cash" transactions, low interest rates and low inventory. But what is on the horizon, continued increases in the median real estate market value's? The appraiser in me says, " I will do the adjustments and let you know". Meanwhile, enjoy the ride!

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Posted by Richard Wayne Abatelli on June 14th, 2020 7:13 AMPost a Comment

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