BUY NOW OR PAY LATER!?!?

It costs $85,000,000,000 a month to keep interest rates down for you!!!
This can not last. The Fed will announce on September 18th just how much they are going to start reducing it each month. They use the word "taper" but realize that means by Spring 2014 real interest rates will appear and that will mean much less house for your money. So, whether you are buying or selling, get off the fence and call me today!!! Mary Lynn Durfee 706.835.7616

http://www.moneynews.com/FinanceNews/Mirhaydari-Fed-taper-10-billion/2013/09/13/id/525513?ns_mail_uid=54072265&ns_mail_job=1537485_09132013&promo_code=14DDD-1

Builder Confidence Rises Five Points in May

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Builder Confidence Rises Five Points in May

RISMEDIA, Friday, May 18, 2012— Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the index’s strongest reading since May of 2007. “Builders in many markets are reporting that buyer traffic and sales have picked back up after a pause this April,” says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “It seems we have resumed the gradual upward trend in confidence that started at the beginning of this year, as stabilizing prices and excellent affordability encourage more people to pursue a new-home purchase.” “While home building still has quite a way to go toward a fully healthy market, the fact that the HMI has returned to trend is an excellent sign that firming home values, improving employment and low mortgage rates are drawing consumers back,” says NAHB Chief Economist David Crowe. “The pace of this emerging recovery could be stronger were it not for the significant impediments that the market continues to face with regard to builder and consumer access to credit, inaccurate appraisals, and more recently, rising materials prices.” Derived from a monthly survey that NAHB has been conducting for 25 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor. Each of the index’s components rebounded from declines in the previous month. The component gauging current sales conditions and the component gauging traffic of prospective buyers each rose five points in May to 30 and 23, respectively, with the traffic component hitting its highest level since April of 2007. The component gauging sales expectations in the next six months rose three points to 34. Three out of four regions registered improving builder sentiment in May. This included a six-point gain to 32 in the Northeast, and five-point gains to 27 and 28 in the Midwest and South, respectively. The West posted a two-point decline, to 29.

Realtors Raise Awareness at Real Estate Rally

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Realtors Raise Awareness at Real Estate Rally

RISMEDIA, Friday, May 18, 2012— An estimated 10,000 Realtors® converged on the grounds of the Washington Monument yesterday morning to make their voices heard on behalf of homeowners, real estate investors, and those who aspire to homeownership. At the Rally to Protect the American Dream, Realtors® from every state in the country joined invited members of Congress the demonstrate their commitment to preserving access to homeownership and robust real estate investment. “Realtors® know that homeownership is an investment in our collective futures, and we’re here today to protect the American Dream of homeownership,” said National Association of Realtors® President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “Homeownership and investment in real estate impacts families, communities, small businesses and the nation’s economy in a very meaningful way. Today, we’re proud to be showing the country that homeownership matters.” In the current economic and political climate, Realtors® are working to ensure that people who want to own a home or invest in real estate and can responsibly afford to do so will continue to have the opportunity to do that. Toward that end, Realtors® are advocating better access to affordable financing, reform of the secondary mortgage market, improved liquidity in residential and commercial lending, and preservation of the tax benefits associated with homeownership. Sen. Johnny Isakson (R-Ga.) and Rep. Steny Hoyer (D-Md.) addressed the crowd of Realtors® at the event. “I commend the National Association of Realtors® for keeping the issue of homeownership at the forefront when we talk about our economic recovery,” said Rep. Hoyer. “Stabilizing the housing market remains a central issue for Democrats, who understand we will not have robust economic growth without a vibrant housing market and that access to homeownership remains a critical component of the American Dream.” Sen. Isakson said, “Homeownership always has been, and remains to this day, a part of the American dream. It is the biggest and most important investment that the average American family makes, and that’s why we should remain focused on the value of the housing market and the important role it plays in our country. It is my hope that this rally encourages Congress and the president to move forward with policies that are supportive of housing, which is vital to job creation and the recovery of our economy.” The rally was part of NAR’s week-long Midyear Legislative Meetings, during which Realtors® and guests meet with members of Congress, federal regulators and industry experts to address pressing real estate issues and public policies in support of private property rights, homeownership and housing issues. to:realestatemagazinefeedback@rismedia.com. Copyright© 2012 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission.