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