How About Some Good News for a Change!

By
Real Estate Broker/Owner with Morningside Homes, LLC 720-231-5200 DRE# ER300941

Good News for a Change!

According to Realtor.org  we should be having a good 2011. Won't that be a relief?  NAR thinks the interest rates will be going up and that is good news.  Why?  Because it will get the fence riders off the fence  because hopefully  they will see that they have to buy a lesser house if they don't get on the house buying band wagon now.Good News

When rates start going up that will give reason to contact our clients through email campaigns, phone calls or whatever method you use to notify them.

Here are the Freddie Mac predictions for 2011.  They don't seem to think rates will go up very much so we will have to see who is on the right track.

1. 30 year fixed rate loans are likely to remain below 5 percent throughout the year. (NAR thinks differently)

2. Prices have bottomed out.

3.  Housing will remain affordable

4. Refinances will dwindle.(hopefully if that happens the lenders will be more agreeable to approving more purchase loans)

5. Delinquency rates will decline.

If this all holds true 2011 will be a great time to be a Realtor and a 1st time home buyer.

Posted by

Buy or Sell with Patty Clark              Denver/Aurora Co. and surrounding areas 

Chris and Patty

    Helping Families Move with Care

  If you would like to be sent properties on a daily or weekly  basis just call or email me and let me know your wants and  needs. A match will be made with a home you love and with  monthly payments you can afford. I specialize in first time                       home buyers and sellers who are ready to make a move.

                                                    

 

Morningside Homes, LLC
patty@morningsidehomes.com

www.morningsidehomes.com
Cell: 720-231-5200                       CRS,GRI,WCR,SFR,CNE, MRE

 

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Rainmaker
1,970,264
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The market is have your perception. The other half is to get more of the market that is because not listening to experts, that are not in your market. The one you create.

Dec 13, 2010 04:22 PM #1
Rainer
117,531
Robin Risley
Kamali Sotheby's International Realty - Cannon Beach, OR
CRS, GRI, Principal Broker

 Hearing good predictions may is the best sort of medicine. Here's to a great 2011!

Dec 13, 2010 05:28 PM #2
Rainmaker
486,932
Patty Clark
Morningside Homes, LLC 720-231-5200 - Denver, CO
Helping Families Move with Care

Robin..It is refreshing to hear good news, isn't it? We shall conquer 2011!!

Dec 13, 2010 06:07 PM #3
Rainer
72,107
Renee Marrs Caperton
Marrs & Associates - Corsicana, TX
Realtor - Corsicana Texas Real Estate

Positive post...I hope the predictions are correct!  I think our attitudes can help make it happen.  To a happy and prosperous new year! 

Dec 13, 2010 11:07 PM #4
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Rainmaker
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Patty Clark

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