Expect a Big Boost for Orange County Real Estate!
Blog 8.29.10
A massive FHA refinancing effort that will re-float borrowers floundering underwater in their homes.
Alright, we’ve all heard the bad news. Existing home sales have plunged to their lowest level in over a decade. New home sales have nosedived to their lowest point since 1963. OK, now the good news — Your lovable Uncle Sam has a powerhouse remedy in the form of two new initiatives.
- Emergency loans that will enable unemployed borrowers to keep their homes. Yes, this could be the start of something big.
These brawny initiatives will be unveiled this week. Expect big things to happen. And even if they fall short, the government will likely be ready with backup. Housing and Urban Development Secretary Shaun Donovan has hinted at the possibility of extending the highly successful tax credit for first time home buyers. Good thinking, Washington Wonder Folks. Why take chances?
The two measures are welcome news to anyone with a stake in Orange County Real Estate, whether buyers, sellers, or Real Estate professionals. We’ve all been standing beneath gray skies way too long. Those of us involved in the Laguna Beach Real Estate market definitely know that feeling.
If you’d like to learn more about how these timely measures will impact the Laguna Beach Real Estate Market, I’m ready to help. I’ll be happy to answer all of your questions and show you why these initiatives are going to help make it a great time to buy or sell a property here in the world’s most alluring beach community.
You can contact me at 949.922.8490 or hillary@thecoastalpropertyexperts.com. And be sure to stay connected with me for the latest happenings in the Orange County Real Estate market.
Keep it Classy Laguna! And see us at: www.thecoastalpropertyexperts.com
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Blog 8.29.10
Expect a Big Boost for Orange County Real Estate
Alright, we’ve all heard the bad news. Existing home sales have plunged to their lowest level in over a decade. New home sales have nosedived to their lowest point since 1963. OK, now the good news — Your lovable Uncle Sam has a powerhouse remedy in the form of two new initiatives.
- A massive FHA refinancing effort that will re-float borrowers floundering underwater in their homes.
- Emergency loans that will enable unemployed borrowers to keep their homes. Yes, this could be the start of something big.
These brawny initiatives will be unveiled this week. Expect big things to happen. And even if they fall short, the government will likely be ready with backup. Housing and Urban Development Secretary Shaun Donovan has hinted at the possibility of extending the highly successful tax credit for first time home buyers. Good thinking, Washington Wonder Folks. Why take chances?
The two measures are welcome news to anyone with a stake in Orange County Real Estate, whether buyers, sellers, or Real Estate professionals. We’ve all been standing beneath gray skies way too long. Those of us involved in the Laguna Beach Real Estate market definitely know that feeling.
If you’d like to learn more about how these timely measures will impact the Laguna Beach Real Estate Market, I’m ready to help. I’ll be happy to answer all of your questions and show you why these initiatives are going to help make it a great time to buy or sell a property here in the world’s most alluring beach community.
You can contact me at 949.922.8490 or hillary@thecoastalpropertyexperts.com. And be sure to stay connected with me for the latest happenings in the Orange County Real Estate market.
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First Time Homebuyer | admin August 30, 2010
