Yesterday, during our weekly meeting at Palo Alto Software, sales guru David Shear, recently recruited out of a finance business sales spot, said he’d met with friends in the mortgage business over the holidays and “there’s a boom going on.”
“I heard it over and over. Swamped with refinance applications, money is flowing, all of that. One of them said he’d been working Saturdays just to keep up.”
So I say great, here’s a spot that’s jumping now, a sign of some segment responding to government bailouts and all. It’s not necessarily universal; these are Oregon and Washington people, and just a circle of friends. Still, let’s take the good news where we can find it.