Housing Market Bottom To Fall Out

Dated: 05/11/2015

Views: 2096

Made you look! Considering this heading just a few years ago was a real threat, now no longer a problem. Most of the country is experiencing a rise in sales volume, and some both volume and price. The Northeast, more so the Jersey shore, is experiencing both. With gasoline prices stable, mortgage rates still historically low and the jobs market heating up, homes are now moving normally. Millennial buyers are the most active, and most demanding. There is lots of chatter about lenders still aren't lending. Well, they're right, they're not lending to people with bad credit or that recently foreclosed or "short sold" their home.  However, they are lending to people who have a job, have some credit, and a deposit. What's wrong with that? Nothing, but most just say the banks aren't lending but fail to say to who, that's who. Come visit the Jersey Shore, hurricane Sandy is gone!Image title

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Rick Saparito Jr

I grew up in Broward County, Florida close to Ft. Lauderdale Beach. Toward the end of my senior year of High School my family moved to Barnegat, New Jersey where I met my wife Maryellen. We have 5 kid....

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