So here's the scoop, we are two bald mortgage guys who have built a completely referral based company on princples of honesty, education and advocating for our clients. Because we are in in an industry full of people who are unethical and generally clueless, our mission, should you choose to accept it, is to bring you the "inside scoop" through the lens of those who see and deal with it everyday.
Thursday, August 5, 2010
Is There A Housing Shortgage Looming?
Click on the title to link. This is an interesting article about how there may actually be a housing shortage in the "nearer" future for some markets. What's interesting is they put New Mexico in that category because they say we are one of the more stable and "recovered" markets. Although we do not fully agree or see that (see yesterday's posts), New Mexico is a very desirable state for folks to live in and we could foresee a future shortgage due to the fact that new construction is so very low right now. But we are not close to that being the case, in our opinion. Still an interesting article, however, that is not far fetched.
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