Open Houses this weekend show that buyers are out and the market seems to be bubbling! Since the blessing of Congress has assured the $8,000 tax credit for first time buyer’s, consumers are confident in jumping off the fence into a new home. Buyers are enthusiastically looking for their home and low interest rate conventional loans are continuing to attract buyers. FHA financing has become very very popular and is also fueling the resurgence of the Real Estate market with a minimum of 3.5% down. As we head into the holiday season, these factors remain bright spots to usually a slower selling season.
Signing off, "R Team"
Monday, November 9, 2009
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