Monday, January 28, 2008

government's economic stimulus plan and its possible effects on the housing market

RE/MAX Elite and the Clermont financial group. If you absolutely, positively want to position yourself to be successful in today's market!

Do you think not letting the market correct itself it a good thing? Or is the governments stimulus plan going to help with a "soft landing" RE/MAX Elite owner Lynn Murphy-Dickerscheid is saying it is a good thing.


She Tell's me it is a great time to buy.

Eloisa Vinson, a mortgage planner with Clermont Financial tells me that raising the limits may help because home values have declined and Lot's of consumers are stuck. So raising the limits will give them room to refinance. I guess time will tell.

Listen to the "experts" CNBC's "Power Lunch" on Friday, Jan. 25.
You can watch the video,

1 comments:

Jim Hood said...

With so many buyers being froze by all the "bad news" being cranked out by the media services, being told that lending rates have come down should push some of them back into the market. While I don't anticipate prices jumping, I do anticipate that we'll be seeing more buyers in the market in 2008 than we did in 2007.