I’m pleased that within the last couple of days, some real economists that are actually paid for their opinion of the market, have come out and stated that housing my be near the bottom; Something that I first suggested over two weeks ago in a post on this site and then again four days ago in another post.
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Dennis Norman By: Dennis Norman Say What??? How could home sales have increased six-fold but yet we are still in the midst of a major recession in the U.S.? For starters, the statistic I’m quoting come from the Radar Logic housing market report for January 2009. In their report for January 2009 their report states “On a [...] By: Dennis Norman Dennis Norman Last night my sister sent me a link to a video about children in Uganda and their battles with starvation, sickness and life without parents. Wow, when we are made aware of things like this it is really an eye opener to just how blessed we are, particularly here in [...] By: Dennis Norman For the eighth week in a row, the interest on fixed-rate home loans has fallen according to the Primary Mortgage Market Survey released this week by Freddie Mac. The survey shows interest rates for a 30 year fixed-rate mortgage have dropped to an average of 5.14% nationwide, down from 5.19% the week before. [...] |
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