market trends

Market activity for this Thanksgiving weekend was up the contracts, and buyer's agent calls. Lead activity is up for buyers. I am in need of more agents to help with buyer leads and our new short sale program. Just closed escrow on 4 this week including one in San Diego. We are looking at 2 investment properties now for personal purchase. If you know an agent looking for more business in the West Valley please have them call me. Lenders seem to be really strict on underwriting this month. They are asking for the most ridiculous items, for those buyer's out there hang tough and provide what you can to keep the loan process going. For those Loan Officers working for lenders that are relentless in asking for one more document before docs can be cut, beware, agents and buyers will go elsewhere. Best Lender this month, Mark Taylor, Awesomerates.com, Best home to sell, Fannie Mae rehab home, Hardest bank to work with on a short sale, Chase. Inventory is getting slim with more short sales than bank owned. The auctions are producing fewer sales also.