The Great Collapse

It seems quite frivolous to blog about silly real estate stuff when there is some really life changing real estate issues dominating the market place. Most of my current transactions are fraught with tensions about mortgages, appraisals, possible and actual job loss, short sales. Some people are selling their homes not by choice but through real need and my empathy goes out to them. Transactions that originated in October are just coming to close now in March. And these are the easy ones. My fellow agents, mortgage brokers, inspectors are seriously questioning their ability to continue in this market place. It is in short, a nightmare for all of us. The bright spot is a heightened camaraderie amongst us, a desire to help each, share whatever business we have with each other and help our buyers and sellers get through these difficult times and transactions, with a positive outlook for the future. It is heartfelt and satisfying to witness our common humanity in an industry that has fingers pointing to it as the cause and culprit of what will one day be named the Great Collapse of the 21 century.