The End Is Near (Again)

Check out the latest update from the Marin IJ on Marin foreclosure activity. We particularly enjoyed the quote from a competing broker, "This may be the point where we look back and say it's starting to go in another direction." If we had a loan modification for every time we'd read that, we'd be going in another direction by now. Not that we disagree with him, mind you. It's just that we think market shifts are like potholes; you never see them until they're in the rear view mirror (and usually your tire's blown out by then).