Monday, January 27, 2014

SOME THOUGHTS FOR AN OPTIMISTIC OUTLOOK

Real Estate experts at the Keeping Current Matters Real Estate Blog, strongly believe home sales will skyrocket 105 to 15% in volume in 2014.  They have good reason to be confident.  They are usually right.  Check out their blog at www.kcmblog.com.  A second reason for optimism, touched on in a previous paragraph is the Jumbo loan.  They are up 34% which means there are secondary lending sources making them.  This creates more avenues for people to get where they need to go in housing.  Jumbo loans means the seller of that middle level move up home, can get financing to go to his/her next home, probably close to the $800,000 to $1,000,000 plus.  Being able to move them up, means the lower end can move up.  And so goes the real estate hokey pokey.  

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