Everywhere you turn in the media or the Government, there is someone telling us that the housing market and the economy is turning around. Are you sure? When you look inside the numbers at the truth, it all doesn’t seem to add up. That is why when a friend of mine sent me this article [...]
Tag Archives | Economic Downturn
Fannie Mae Puts Investors Back In Business
By Anita Clinton In the midst of the mortgage meltdown, Fannie Mae changed it guidelines limiting investors to a maximum of four mortgages. This limitation affected many investors’ ability to secure financing with reasonable pricing. However, it seems that Fannie Mae has had a change of heart. Effective March 1, 2009, the four mortgage limited [...]
Property Comparables Determine Value
The real estate market is definitely in a state of flux, but the fundamentals remain the same. Property comparables still determine value. The problem people are having is that as property values continue to fall, some are wondering what really determine property values. It is difficult to accept this reality but it is all we [...]
Bottom of the Market is Near?
What are your thoughts? Do think we are near the bottom of the market and is now a good time to buy? This guy says that he believes interest rates are still too high to spark buyers. They need an incentive. – What? I cannot be the only one that thought that was out of [...]
The Bottom of the Market
Do you think we are near the bottom of the market? Or when do you think the bottom will hit?
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