Bush to outline aid to mortgage holders

WASHINGTON - Offering federal aid for strapped mortgage holders, the White House outlined proposals Friday to help borrowers hard hit by credit problems and the housing slump.

According to the latest news there is going to be support for those that are having trouble. What does this mean to you? The strongest buyers market that we have seen in recent years is too much for the economy to handle and it won't last forever. Your best bet if you are in the market for a home is to take action now. For more on this check out what our friends over at HousingNewsNetwork.com have dug up on the buyers market.

http://news.yahoo.com/s/ap/20070831/ap_on_go_pr_wh/bush_housing_slump_13;_ylt=AgxSIveaJWdB1JGI1BBBNYkGw_IE

Home Sales Soar by Record Amount

Home Sales Soar by Record Amount
Did someone say Buyer's Market?
The beleaguered housing industry is sending mixed signals, with sales of new homes surging in April by the biggest amount in 14 years while prices endured a record plunge.
Analysts said the price drop could provide evidence of builders' desperation. They are looking to reduce a glut of unsold homes in the face of the worst slump in sales in more than a decade.
The Commerce Department reported Thursday that sales of new single-family homes jumped by 16.2 percent in April to a seasonally adjusted annual rate of 981,000 units.

http://abcnews.go.com/Business/LifeStages/wireStory?id=3208704

No Better Time To Buy a Home Than Now!

No Better Time Than Now 

According to Good Morning America Report  

Can You Profit From the Mortgage Market?
How the rise in foreclosures affects homeowners and buyers.

The majority of the homeowners in the U.S. have traditional mortgages with fixed rates and are in good shape.

There has been no better time than now.  Inventory is up and the median home price has gone done the past 12 months.  Home prices have declined 3.2% in the past year.  Mortgage rates are still historically low.  They are much lower than they were a decade ago.  If you are pre-approved you know that you are on more stable ground than in recent years.

Good Morning America

Taking Advantage of a Buyers Market

Have you been wondering how you might get into Taking Advantage of a Buyers' Market as we are in right now. Check out the latest article on Taking Advantage of a Buyers' Market. This really helps in figuring out what to do next in a market like this.

Housing Prices Are Going to Climb

Bush repeats that housing market appears to be headed for 'soft landing'
Thats the latest for Forbes Online.

The stats keep coming in on why things are turning around. The prices are climbing. The inventory is decreasing. People are waiting but for what? They are waiting for everyone else to jump on the boat. Guess what happens when that happens? Prices start to climb and you have to pay higher prices. Why not buy now?