tired of the doom & gloom media portrayal of the real estate sky falling….crumbling…crashing down? tired of hearing them turn every positive into a negative? need a sign that real estate is rebounding? how about SEVEN of them?? you do? great – then please read on! PENDING HOME SALES according to NAR, pending home sales […]Read More 7 signs that real estate is rebounding
last friday’s jobs number was/is VERY important to our delicate housing market. think about it…..families are not going to buy homes if they’re worried about losing their job AND more existing homeowner’s fall behind as they lose their jobs – especially when they owe MORE than their homes are worth. march (last month) was the […]Read More jobs, NOT rates, NOT tax credits, JOBS will drive a housing market!
in my opinion rates WILL remain very attractive even as the feds end their $1.25 Trillion (yes, with a T) mortgage back security program. as long the feds do not begin to sell off their portfolio AND private money enters the mortgage bond market to pick up where the feds left off AND inflation remains […]Read More will low rates last EVEN as the feds stop buying mortg bonds?
There’s a lot of bad news about foreclosures and home sales these days, but for people in a good financial position it could be a good time to buy. For home buyers in good financial shape, this could be the best season in years. The federal tax credit – up to $8000 for first-timers, and […]Read More Housing Market Could See Beginnings Of A Rebound