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July 4th, 2008 11:16 AM

The spring market is over and one bright spot for both buyers and sellers is the resurgence of the FHA loan program.  These loans offer borrowers a chance to buy a house with only 3% down.

The return of FHA loans has provided some much needed liquidity to the huge number of existing homes on the market.  We still have a way to go, but some houses did sell and many buyers were able to realize their dreams of a new home.

Drop me a note if you have a question or comment on this or any issue about the housing market.

Take care, Steve


Posted by Steve Manderfield on July 4th, 2008 11:16 AMPost a Comment (0)

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