It seems that since the question about what’s so scary, there were plenty of reasons to give new home buyers pause.
There was the increase job losses, lenders becoming more difficult to deal with, home prices falling, global economic uncertainty….. wow!
We’re beginning to see some support of the housing market now, more new home buyers back in the market, fixed interest rates approaching 5% 30 year fixed. We’re optimistic; our vacation home and first time buyer customers are starting to call again, though not at the pace we’ve previously seen.
The time is not right for some, but opportunities are there for the those who are prepared.