Did you read last week what Alan Greenspan said about the real estate markets?
“………. that falling home prices in America are nowhere near the bottom”
This won’t be a surprise to HREU Realtor Coaching Students.
But for all the future HREU Realtor Coaching Students…did you know that single largest year-over-year drop in U.S. home prices happened [...]
Archive for August, 2008
“………. that falling home prices in America are nowhere near the bottom”
Housing Prices INCREASING despite reduced demand.
Interest rates are INCREASING for the best borrowers….
Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years. More than 70 percent of new home loans are bought or guaranteed by the government-chartered companies, known as “prime” mortgages.
Higher rates for the safest borrowers may exacerbate the worst housing [...]
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