Phone calls always come before business. In September and October the phone all but stopped ringing. I have most definitely noticed an uptick in phone calls over the past couple of weeks.
Is this because the election is over?
Is this because people are doing solid evaluations and realize the real situation?
Is this just because?
I don’t know. But I can tell you that the phone is ringing again. And I suspect by Spring we’ll see a bit of a return towards normalcy. Now, I don’t think the investment property credit market will be smooth sailing by any means. But we should start moving that direction again.