It is truly a gray day. I put on a gray sweater, which matches the mood and the weather. I don't know why I am stuck on the weather today. Perhaps it is the mood in which I have been placed.
I need to drive to Thomaston and Zebulon and would like to drive over to PTC before the end of the day. I am supposed to have someone coming to meet with me this morning. I also need to put cash in Kate's account before the end of the day. I will try to do that at lunch time.
I feel like my world is getting back in order, slowly. It would be nice if the real estate started picking up a bit.
I still think we are in a recession, no matter what the economists say. I know that the real estate is slower these days because the banks and lenders are requiring more from the borrowers. I have had several borrowers try to get ready for loans and then just disappear. I know a lot of borrowers have been turned down. I think the lenders are being more careful.
Which is fine. But they will have to loosen up a bit before the economy rebounds. I know a lot of lenders were churning the waters, making loans that shouldn't have been made. A lot of those lenders were looking for the fee income on those loans, and not worrying about the ultimate consequences. Now, a lot of those mortgage brokers are out of business.
I don't know why I am going on about this. Everything will get better sooner or later.
Thank you, Pollyanna.
Tuesday, February 26, 2008
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