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Fannie Mae expects home sales to rise next year.............

Reblogger
Real Estate Agent with California Lifestyle Realty DRE# 1780607

Positive news is also stimulating!  We are finding the rental market to be red-hot!  Many homes that have been on the market awhile are now being offered for lease--- and there are plenty of people looking for a lease! 

Original content by Ralph Gorgoglione RS-78439 / BRE #01708344

Fannie Mae expects home sales to rise next year.............

I read a very interesting article by Christine Ricciardi from HousingWire.

It states that according to the Fannie Mae economics report, home sales are expected to decline by 8% for the year compared to 2009, and then increase by 3% in 2011.

It also showed that vacancy rates on rental properties are slowly declining, which is really good for investors.

I think all of the stimulus efforts are starting to make a difference.

 

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Kathy Schowe   760.333.8886  California LifestyleRealty  California Lifestyle RealtySchowe Properties                                           

        

                  
                                   

Comments (1)

Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

Good re-blog Kathy.  Ralph has been submitting some great posts lately.  I just noticed your "Feed my fish"... I need to check that out! :o)

Nov 21, 2010 03:33 PM