Buy your House NOW! according to toSmart Money Magazine.
According to a just published article in Smart Money Magazine, Why You Should by That Home Now, sounds the opening cannon shot into what everyone is wondering about when wanting to buy or sell a home.
Consumers ask the following questions: Has the market stabilized ? Is it a good time to buy my home ? Should I wait and see what happens to the housing market? Is my local market affected ?
The Smart Money Article makes the following major predictions and observations:
Fanny and Freddie exit the scene
Government backed loans are shrinking in number and size
Smaller mortgage loan amounts
Higher fees for loans
Bigger down payments
Real Estate Professionals and Mortgage lenders struggle to lead in mixed currents and muddy waters. The short answer is who knows for sure.
I think back to many storm forecasters before modern prediction tools came to bear on stormy weather. I am no storm forecaster; however, our mothers taught us to carry an umbrella just in case ....
Is the Real Estate Sky Falling or what is your opinion of buying or selling now?
"My interest is in the future, because I am going to spend the rest of my life there."
- Charles F. Kettering
BROKER ASSOCIATE | Realtor
DeRiso & Haynes Realty - Texas
All information is provided "as is" with no guarantees or warranty. M. Chalambaga Â© 2011 -