7.3% Weekly Increase How’s that possible, given that the total number of iPhone “app’s” (applications) is (only) 250,000 or so? That’s the number of new mortgage applications last week — the first time the weekly number has gone up in a month. According to the Mortgage Bankers Association, that represents a 7.3% increase over the...Read More
800,000 Part-Time Realtors According to the National Association of Realtors, 80% of Realtors handled 3 or fewer transactions last year. That prompts the following observations, in no particular order: –There are still too many Realtors out there (something like one million-plus).–A core group of Realtors (the 20%) are becoming increasingly dominant.–The clients of so-called part-time...Read More
