Friday, February 27, 2009

Are You Going to Benefit from the Rebound?

The National Association of Realtors reports that housing affordability was at an all-time high in December. Also reflected in that report was the good news, for us, that the Midwest had the highest affordability index of the four geographic regions. Mortgage rates are as low as I can remember in my 30 years in the business. It was slow back in the early '80's when rates were in the mid to high teens, but when it broke...wow, we had a good number of great years. So is now the time to get into the business? Nobody knows, but when it breaks...

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