"Why the worst may be over"

By
Real Estate Agent with RE/MAX Greater Atlanta
"Why the worst may be over" "The credit crunch may be behind us and earnings have been better than expected. That could lead to happier times if the Fed starts focusing on inflation." I just took this heading from CNN.com. The article tells us the we might be out of the woods if the Fed focuses on the economy and inflation. Check out the whole article on CNN.com In Georgia, as in most of the country, Mortgage rates rose this past week amid mixed economic reports and rising inflation fears. However, we only ended the week slightly higher than last week. The conforming 30 year fixed rate and FHA loas are around 6%. Now is the best time to buy a home. You can get great interest rates, and get tax incentives for years to come. Why wait till later when the market might get better?? Not to mention the luxury of living in your own home!! Waiting means less tax advantages, living in an apartment or giving someone else a good tax advantage, when you can get them for yourself Call Pamela today fo one stop shopping for a house, mortgage, insurance and closing attorney all in one location!! Pamela Trapani RE/MAX Greater Alanta 404.392.4186

Comments (3)

Abiud "Abi" Montes
EWM Realtors - Fort Lauderdale, FL

Pamela great information to pass to buyers.

Thank you. 

Apr 29, 2008 08:03 AM
Steve Glose
Keller Williams Classic Group - Orlando, FL
TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
I hope we have seen the worst. Based on what I see in our market I think we have hit bottom.
Apr 29, 2008 08:05 AM
Yvette Smith
LONG & FOSTER - Williamsburg, VA
Realtor In Williamsburg VA, Homes for Sale

That's it...keeping those buyers (and potential buyers) & sellers motivated.  We gotta let them know that it is OK.

Thanks for posting!

Yvette Smith

Williamsburg's Preferred Realtor!

Apr 29, 2008 08:16 AM