If you don’t get Yahoo News I thought I’d pass on a couple of articles
Home sales rose in ’09 as prices plunged 12 pct. – Yahoo! Finance
December home sales down nearly 17 percent – Yahoo! Finance
My conclusion is that this market could be much better if the powers that be would just allow loans to be made to investors at or near the same rates, maybe just a bit higher, than Owner Occupied real estate.
See my blog article regarding poor Mr. Phillips. That story is being repeated thousands of times all across the country.
Pass the word.
Make it a great day…!
Ed Favinger, Broker, CRS, GRI 916-203-1260 favinger@rwnetwork.com
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