Friday, December 05, 2008

IT'S TIME!

Just looking at the forecasts for the next year or two, and watching the numbers as they are coming in each day, my opinion is that those with a little cash must go ahead and make their moves now! If you have to take a hit on your presently held properties, then do it. In most places where you are, it's going to get a lot worse; and it's not going to be nearly as bad where we are. Ranches and small tracts with beautiful homes are still plentiful here in East Texas real estate. And they're still very inexpensive in comparison. And our market is stable!

It looks as if the fed is going to make fannie mae and freddie mac push interest rates for FHA loans down to 4.5% to stimulate more home purchases. I expect that to happen in a day or two....maybe a week. Should you need a loan; and should you have good credit and an income, then now's your chance to secure a low interest loan up to $272,000. Get an awfully nice home at that amount in Tyler Texas real estate or East Texas real estate. That's a high-end home here! But it's a dump in many places. Email me and let's get started: www.johncmartin.com.

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