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Mortgage Broker News | 29 Sep 2014, 11:20 AM Agree 0
Criticism continues to pour in regarding one industry player’s pending book and bleak outlook for the housing market.
  • K R | 29 Sep 2014, 03:16 PM Agree 0
    Hahaha, savvy reader points out that a book can be the cause of a major market housing crash. That statement alone is laughable.

    No, you are right, all the mortgage brokers and real estate agents who are telling people that the market will go up forever are the professionals to trust.

  • Victor Simone | 29 Sep 2014, 03:53 PM Agree 0
    Is consumer confidence still a leading economic indicator ? It was when I took the CSC course. If so, then Mrs. Lee is correct.

    Enough people crying, the sky is falling, and the next thing you know ...
  • Angela Wong-Liao - Invis Inc | 29 Sep 2014, 06:20 PM Agree 0
    I agree that negative statements can have some impact but not as significant, when the market change, it can be related to several factors: demand and supply, interest rates, unemployment rate, foreign exchange, etc. We should not be over reacted to any negative remarks, however, it is also prudent that we are cautious to purchase investment properties when we have the bull market for so long, practically since June,1996, a little blip in early 2009 and the real estate market have been up till now.
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