Employment, the Economy and Government lending changes
Overall January had lots of positive changes. These are the most positive changes we’ve seen since 2006.
However, with the positive does come a few potential negative items on the horizon to be aware that will effect the real estate market. To what degree is unknown, it may just provide some stability in attaining a more neutral market by eliminating some potential buyers from obtaining financing.
New listings this month did increase by 2.3% over January 2012 and were up 52% over December 2012 so the seasonal market and the last minute renewal of the mortgage debt relief act did come into play. However, the pending sales cont...