The calendar says 2015. The emails, phone calls and other noise tells me it’s 2007.
The radio ads inviting people to flipping seminars are back. Come hear my system so you can make 5, 10, 15,000 per month with bad credit and no money!
And the subprime lenders with stated income are all over my email. There are even lenders out there telling me to tell the buyers to say they will be investors (when they are actually going to live there) so they can get the no docs.
June home sales were down a little.
All the signs are pointing to the roller coaster to start going back down the track.
Don’t buy now. It’s over. You heard it hear first.