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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: J. P. who wrote (8822)2/12/2003 10:21:06 AM
From: Mr. SunshineRead Replies (1) of 306849
 
<<Career switchers want work of selling homes >>

<What are they thinking? That's like deciding to become a stock broker in 1999 because the market is doing so well.>

It is even worse in the mortgage business. Lots of people getting in during the height of the refi boom. When the refi market drops, especially if it is accompanied with a real estate slump, everyone in the business, especially the rookies, will be hurting.
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