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Re: detearing post# 884

Thursday, 07/03/2014 10:18:41 AM

Thursday, July 03, 2014 10:18:41 AM

Post# of 943
I'm also in Fannie. This is the perfect set up for real estate coming of the bottom. A hard bottom at that. When we get released everything is going to fly to new highs. Like your list, in at 2.25 in Fan. and 5.50 avg. GPT. Trying to get a house now and unless you have a lot of free cash you have to go with FHA or empty your 401K for the down payment under conventional loans. This effects the whole real estate market more than the common person understands . I'm also a professional builder and engineer and see it everyday with clients.