Las Vegas & Sacramento Housing Show Big Gains: Is Real Estate About to Surge? [View article]
I believe there are plenty of qualified buyers sitting on the sideline. FHA and VA loans are readily available to good credit buyers with less than 5% down payment. The 10% of buyers who needed subprime credit are out of luck, but the majority of those are already renters or soon will be. Prospective buyers have been sitting on the sidelines for 2 years now and will act when they perceive a bottom in prices IMO.
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I believe there are plenty of qualified buyers sitting on the sideline. FHA and VA loans are readily available to good credit buyers with less than 5% down payment. The 10% of buyers who needed subprime credit are out of luck, but the majority of those are already renters or soon will be. Prospective buyers have been sitting on the sidelines for 2 years now and will act when they perceive a bottom in prices IMO.
Sep 17 10:41 am
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All Comments by Tim Plaehn »Las Vegas & Sacramento Housing Show Big Gains: Is Real Estate About to Surge? [View article]