Wow ... talk about a roller coaster month in the financial marketplace!
It is very challenging to stay abreast of all the changes. That's why I created "News You Can Use" on the home page of my website.
It's a Great Market for First-Time Homebuyers and Increasing the Value of your Property
Are you as tired as I am with the "doom and gloom" news reporting?
There has always been and will always be cycles in the financial marketplace. Within these cycles, there will always be opportunities for savvy investors.
This is an excellent time for first-time homebuyers to purchase. Housing prices have stabilized, inventory is staying on the market longer, and a "buyer's" market is emerging.
Mortgage rates are still very competitive even with the reduction in discounts on the variable rate mortgage products.
Another segment of the population that will benefit from this marketplace is homeowners looking to increase the value of their home.
While your current home may sell for less, than in previous markets, the pricing for homes at the next level is becoming more competitive.
Don't let the media rain on your parade, dampen your spirits and cause you to miss out on the opportunities available!