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real estate market: To the Agents Who Have Weathered the Storm - Forecasts from Top Bank Execs - 05/29/08 03:29 PM
The tide is turning in the real estate market and agents can see all the signs of brighter days ahead. The last two years have been tough for agents in most parts of the country, and the ones that have survived are seeing things turning around.
In an article from Yahoo:
Howard Atkins, chief financial officer of Wells Fargo, was quoted in the American Banker newspaper as saying that lower mortgage rates -- the latest 30-year average dropped below 6 percent again last week -- plus more affordable housing, and banks newly strengthened by capital infusions, should trigger a … (0 comments)

real estate market: Postive Outlook for the Real Estate Market - 05/19/08 04:15 PM
More positive news for agents across the country as Lawrence Yun, chief economist for the National Association of Realtors® said,
"Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market"
"There are many reasons for people to get into the housing market today, and very few reasons not to. With the plentiful supply of homes for sale at affordable prices, interest rates approaching 40-year lows, and the strong track record of housing as a good long-term investment, conditions are ripe for buyers,” he … (2 comments)

 

Damon C

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