http://lenderama.com/2009/05/04/mortgage-market-update-75/ The Original Mortgage Blog. Providing the Mortgage Industry with News and Information Since 2005. Fri, 19 Mar 2010 20:00:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://lenderama.com/2009/05/04/mortgage-market-update-75/comment-page-1/#comment-4227 Joe Loomer Tue, 05 May 2009 20:51:55 +0000 http://lenderama.com/mortgage-news/mortgage-market-update-75/#comment-4227 Agree with your assessment of the recovery not coming any time in the immediate future. Our market is now 17% below 2008 numbers (which was down 24% on '07), and although inventory has flattened out, buyers are still few and far between. Take in to account we're considered a stable area of the state of Georgia, and you see the writing on the wall. I see a late-year recovery that will not bear fruit in my trade until early '10. Agree with your assessment of the recovery not coming any time in the immediate future. Our market is now 17% below 2008 numbers (which was down 24% on '07), and although inventory has flattened out, buyers are still few and far between. Take in to account we're considered a stable area of the state of Georgia, and you see the writing on the wall. I see a late-year recovery that will not bear fruit in my trade until early '10.

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