Prediction: We will enter a recession in early 2020 and Trump won't run for a second term

[Wellstone ruled]

10. No wage growth and young couples are just

loaded with debt and can not qualify or they can not pull off the PITI on a monthly basis. Mortgage apps just do not drop unless there is a underlying reason. Consumers are not confident at this time to take on any new debt like a Mortgage will out the possibility of more money in the pay check.

Mortgage money is dirt cheap,when we go beyond 8%,then we get into the ugly. Have a neighbor who sells new construction ,very little interest,and those who show,have to sell what they have in order to qualify for anything as a up grade. Yes some stuff is selling only at a discount to what the sales price should be.

Any fool can give it away,it takes a Sales Person to sell it at what the true value is.

In my area,we are still seeing Cash Sales but those are slowing as the Cali Migration slows.