I get it all the time. “How is the market?” or “Are you ok?”. The answer is the market is different but depending on your needs it can be a great market and “Yes, I am ok”.
I am on a “news fast”. I have to be right now because the news that is reported is so bad that it can affect my attitude and mood if I let it but the truth is that we are going to be ok. The American economy is an anvil that has worn out many hammers and it is going to wear this one out too.
I just looked at the numbers and we are approaching sales of 5 million homes in the US for 2008. It may come in lower but it is above 4.5 million and that should make this the 7th or 8th best year EVER in home sales. The news won’t put it that way but that is the truth.
Interest rates are BELOW 5% and money is available for anyone with decent credit, a job and 3.5% down payment. The news won’t tell you that either. I hate that I have to be what seems like the only one that tells you this stuff but sometimes it feels that way.
Do not let your heart be troubled. Hope is closer than it appears so hang in there and call me if you need me. I am here to help.
Thanks for listening,
Jerry W. Robertson
- All they want is my money!!
- What does it cost to re-build a house??