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Looking at the Numbers, 04/18/08
Okay, let’s live in the moment. There is much talk of a recession in the news. Most of us at least feel the pinch every time we go to the gas station to get gas, or go to the grocery store and pay $5.00 for a gallon of milk, $2.50 for a loaf of bread. Then at some point the discussion goes to the “economy”, and ultimately real estate. The national media can be informative but...Anyway; I’m not going to go there. “Is it the right time to buy?” “Am I going to lose money?” The government is seriously revamping its FHA program through various Lenders and Banks, along with new dollar limits. Consult one that you trust, or I can recommend you a few. What’s happening locally is what needs to be told, and you decide for yourself.
By now most of you realize that it is and always has been in the best interest of the National Association of Realtors and its members to be a bit more optimistic than the media, to say the least. After all, most of us are just trying to make an honest living. The current mortgage and financial crisis this country is ... more
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