Let's give credit where credit is due!

By
Real Estate Agent with RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident BRE# 01215778

America is doing well and our real estate industry is flourishing.  This is a great time to stop party politics and give credit where credit is due.  President Obama inherited an atrocious economy and real estate market.  Things were spiraling out of control.  The plans that were implemented saved the auto industry, lending institutions and most important to many of us on Activerain, the real estate market. 

 

Steps that were taken are unprecedented such as having lenders work out short sales rather than foreclosure in most circumstances.  They also gave forgiveness on the money saved should a person lose their home. 

 

I know the other side of the issue is that those that didn't use their home as a cash cow and paid their mortgage were punished having to bail out others.  Long story short we have survived, prices are at or near the peak of the market, buyers are buying, sellers are selling and interest rates are on the rise.

 

The recovery may hold this time as lenders have been much wiser on their loan approval process.  Let's root for America and hope we can get stronger in the future.

 

Your friends and Realtor,

Tony & Dani Lewis RE/MAX of Valencia

Call/Text - 661-510-7975

www.TonyLewis.com tonyglewis@yahoo.com

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County
Tags:
selling
buying
interest rates
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seller
prices
buyer
money
foreclosure
real estate
california
remax
short sale
president obama
tony lewis

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes thigs are better, but I know people like myself that would buy a new home but the ACA has priced them and myself right out of the market.  I gove Obama crfedit for that also.

I lost 6 clients to high ins. reates since november.

Jan 05, 2017 05:59 PM #1
Rainmaker
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Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

I disagree that the economy is healthy. Some are doing well, but that doesn't mean the country is as a whole. I'm looking forward to what 2017 will bring.

Jan 05, 2017 07:23 PM #2
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Rainmaker
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Tony Lewis

RE/MAX Valencia, Stevenson Ranch, Santa Clarita
Home values are rising, want to know the value of your home?
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