Yes, I said what you thought I said, the construction loan market, home building market has changed for the better.

OK I maybe I’m a bit overly positive but the real estate market needed to change and the construction loan, home building

market is slowing eliminating all of the overly priced land, building costs, building labor and construction loan loan officers

that had no business being in the business in first place. Wow, I said something controversial again. I can’t seem to help

myself but maybe it’s true. The real estate market is changing so fast that the word controversial shouldn’t really bother

anyone but it will. The next word that comes to mind is reality or wake up call or honesty. Construction loans that are needed to

build new homes are a lot of work, so many details that it would put most people to sleep. We have grown accustomed

to refinancing and purchasing homes to such a common level over the last 10 years that construction loans have been thrown

into the lending mix like candy.

Everyone what’s zero points loans as if its free. Most families are clueless as to how loans work to a point that if you

advertise no points, no fees people actually think they are free. America has become a bury your head in the sand kind of country.

Well remember the old saying "there is no such thing as a free lunch" well with that said you can now pull your head out of the sand. I just want

to continue this rant with the reality that real estate market is currently in a big adjustment period and instant expert loan officers are history.

The loan and real estate market will once again be dominated with the real experts and business is booming.

Tags: construction loans, Tags: new home building construction, Tags: real estate, Tags: mortgage, Tags: loans