https://4closurefraud.org/2013/06/05/worst-month-for-mortgage-applications-since-2009-driving-mass-layoffs/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Wed, 03 Dec 2025 14:42:38 +0000 hourly 1 https://wordpress.org/?v=7.0.2 https://4closurefraud.org/2013/06/05/worst-month-for-mortgage-applications-since-2009-driving-mass-layoffs/#comment-413617 Wed, 05 Jun 2013 16:30:13 +0000 https://4closurefraud.org/?p=59956#comment-413617 Simply put it’s because most of the sales in the real estate market is being dominated by “cash” buyers, and 90% of those are investors. There’s no layoffs in the real estate broker field – they are having one heck of a good 2-month stretch with all of the competition for those investor (foreclosed) home sales. And, to top it all off, those investors are now driving the prices up with the onslaught of multiple offers on homes! Yes, they are correct…it’s deja vu all over again!

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