Mortgage and Real Estate Blog

There are plenty of projections out there that say that the mortgage and real estate market will come together to help buyers get into the homes that they’re interested in. The reality is that it’s not all about speculation - especially given a report in California that’s just been released:

(source)Declining home prices coupled with low interest rates prompted more home buyers to purchase in 2008 compared with last year, according to the CALIFORNIA ASSOCIATION OF REALTORS(R)’ (C.A.R.) “2008 Survey of California Home Buyers.” Sixty-nine percent of all home buyers reported that price declines encouraged them to buy a home, while 40 percent said that low interest rates enabled them to move to a better location.

Sure, the message is focused on homes in California - the chance to afford a nicer home and to buy property in a better neighborhood. But that doesn’t mean that you’re going to be in a position to find completely different results. Michigan is a great example; you’ll be able to get a better Michigan mortgage and the right real estate agent so that you can be sure that you find the right home and the right loan to put you in it.

This entry was posted on Thursday, September 11th, 2008 at 12:07 pm and is filed under Michigan Mortgage, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.