I recently read an article that quoted Lawrence Yun The National Association of REALTORS tm (NAR) senior economist as saying that he predicted that the widening credit availability will help to turn around home sales.
Could this be the beginning of a great new year? I’m certainly trying to keep a positive outlook. Mr. Yun I hope you are correct.
The great rates and availability of mortgage loans are creating a ideal situation for people looking to purchase a home. The rates are expected to climb a bit but will still be favorable.
Of course as many industry experts are quick to point out “Real estate is local” so check with a local real estate expert to give you the best advice in your area.
