HAPPY NEW YEAR!!!!!!!!!!!!!!!!!!!!

December 30th, 2009 10:24 AM

I sit here and wonder what will the  N ew  Y ear bring. Now more then ever ,  you need a mortgage professional that can sift thought the new guidelines being handed down by lenders and the  Government. Loans can get closed, we  just have to have our T's crossed and I's dotted from jump. 

 

 The end of 2009 started to show some life in the real estate market. I believe we are coming out of a valley but the rise of this market is going to be slow. We are starting to put together some strong months as far as sales but prices are flat . Home prices will remain at there current range for some time. Some are predicting we have another 20% adjustment in value (decline), my data suggests we have about 5-10 % before values tick up. That window is a little narrow for me , long story short, fence sitters should get off and buy now. Rates are low but don't expect that gravy train to run for very much longer. The government is going to get their  money back and to do that they will have to charge higher interest rates. We can turn this market around, contact me and see how I can help you close deals.   !!!HAPPY NEW YEAR!!!  

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