Wednesday, February 29, 2012

Mortgage conditions are improving.

Post by Mike
While the lending market is still very tight, the conditions are improving as stated in this article: Money starts to flow back into real estate.

We still have a ways to go, but all signs are pointing to a bottom. The FED's zero interest rate policy (ZIRP) guarantees your dollars will not bear any interest in deposit accounts. Wall Street is still struggling with the image of a rigged game. Hard assets are being viewed as the best investment in our current environment, and real estate can produce income and return while gold and other tangibles don't.

Plus remember the old adage "buy low, sell high". Real estate is definitely undervalued.

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