Residential Market in Cyclical Dumpster
Housing in the dump, don’t try to stimulate purchases. We have to demand from our political “leaders” to focus on the real crisis: job creation.
Housing in the dump, don’t try to stimulate purchases. We have to demand from our political “leaders” to focus on the real crisis: job creation.
Real Estate prices on Amelia Island in some areas have come down to be very attractive for investment again.
The domino effect is still fully in play and housing prices are on average still falling, effectively blocking the economy from recovery.
As the media keep pulling sunglass toting rabbits out of their hats, the skies are clouding up for what may be the second leg down.
Freddie and Fannie are encouraging people to allow a “short sale” now in return for a new mortgage within 2 years.
Reporting on the economy has us floating around in a big question mark.
By: Nick Deonas OK, this is it! You have been thinking of buying a new home. The Government bailout of the two giants, Freddie and Fannie seem to be just