It's the holidays and most people are thinking about Christmas shopping. But as a Realtor, I'm thinking about the real estate market and how great it's going to be after the holidays because it's a great time to BUY & OWN A HOME. With interest rates at their lowest, from 5 1/2 to 6 %, what a deal. Why rent when you can own for less? And the Feds just cut the prime rate again. How low can you go? Instead of focusing on the mortgage fall - out, let's focus on the positive. Sure, gas prices have gone up and this has really hurt the economy. It's a shame people can't afford to buy a home because they have to spend so much on gas for their cars to get them to work and where is the gas? It's burned up and gone. Throwing money down the drain. At least with a home when you get finished paying for it, you'll have something to show for it. Let just hope it gets better and the economy will get better and more families will be able to afford to buy a home for their kids and have a great time at Christmas and other holidays. After all, its the AMERICAN DREAM. Home ownership. It's everyone's right as an American. Everyone should own at least 1!!!!!
Merry Christmas to all!
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