Real Estate is Coming Back!

Have you heard that things are getting worse and worse and now that we have re-elect the President
everything will come to an end with the economy and blah blah!!

I do not believe that! This country is NOT only run by 1 man and that is the beauty of it.

In the past 6 years one of the BIGGEST trembles that this country had was the Real Estate Market.

Please take a few to watch this video that Chief Economist from NAR (National Association of Realtors is seen in the last couple of months …

http://speakingofrealestate.blogs.realtor.org/2012/11/20/home-owners-add-760-in-new-home-equity/

This is good news people please stop watching the sad and depress news on TV. If we keep the focus on that we will never get anywhere.

I have review also Forbes magazine and their blog expressed that the 4 signs of housing market
improvement are:

1. This fall, the housing market may avoid the slide that has occurred each of the last three years because of an improving balance between supply and demand, declining REO sale shares and slowly declining foreclosure inventory.
2. A lower likelihood of foreclosures flooding the housing market is beneficial because the marke is more likely to absorb the inventory without dramatic changes in price.
3. Many borrowers in both the boom and “rust-belt” markets lack the means to prevent serious delinquency due to their limited ability to refinance at a lower mortgage interest rate. Policies designed to offer options for borrowers to lower their interest rates further can help decrease the flow of future delinquencies.
4. The current share of non-distressed sales is at its highest level since August 2008, positively impacting home prices, and is a sign of real improvement in the housing market.

Let's keep a positive view on things and we will make the change that we all need.

As always, feel free to connect with me!

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