Currently in this market how many people do you know that are saying as soon as our house sells we will be buying? They are out there and their number is huge, the inventory is also out there homes that are on the market are plentiful and 30 year fixed rates are now approaching record lows.
The ingredients are there for 2008 to be a very busy time, picture the beginnings of an avalanche on the face of a mountain, right now what we are seeing cracks forming at the top gradually that will begin to slide and when it breaks loose be ready to go with it or get ran over, I am looking forward to the opportunity that 2008 will bring, it will give all of us a chance to develop new relationships and expand our business for years to come.
Despite the media accounts of doom and gloom on the horizon we are seeing the market correct its mistakes in the mortgage industry, Mergers and Acquisitions will assist the economy, and the consumer will benefit from making this the year they buy, refinance or trade up on a new home.
Looking forward to a Great 2008.
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