Thread: real estate
View Single Post
Old Oct 23, 2007 | 04:22 PM
  #5 (permalink)  
V-12's Avatar
V-12
Forum Regular
Joined: Jun 2007
Posts: 331
Likes: 0
From: Belle Meade
Default Re: real estate

- Things may be worse here than I thought. I ran into a banker pal with a very large bank who said they were not making any new loans but just refinances - meaning no one was buying a new/existing home...said he had never seen anything like it and that they were expecting it to last at least til next summer. Ouch!
 

Last edited by V-12; Oct 23, 2007 at 04:25 PM.
Reply