The numbers have been looking up for about the last 60-90 days: inventory is dropping off, sales volume is up and the closings are up.
Industry Barometer Shows Gains in Home Prices for Second Straight Month
Yes the new lending guidelines are a hassle, no there's no 100% no doc loans but, the huge sucking sound that was our equity disappearing alongside 200+ banks and lending institutions, has eased.
The opportunity is there but you can't win if you don't enter the race.
Industry Barometer Shows Gains in Home Prices for Second Straight Month
Prices of single-family residential homes rose for the second consecutive month in June, Standard & Poor’s reported Tuesday. Quarter-over-quarter gains were also evident during the second quarter of the year, for the first time since 2006.
Yes the new lending guidelines are a hassle, no there's no 100% no doc loans but, the huge sucking sound that was our equity disappearing alongside 200+ banks and lending institutions, has eased.
The opportunity is there but you can't win if you don't enter the race.
