Fannie Mae-No Politics (FNMA)

[PennMilitia]

Pricing and availability may slow down housing market

If any of you have scanned thru the latest real estate listings
in your area you will see housing availability is way down
since alot of the homes are sold out.

New home cost have shot up since the cost of construction
materials are way up. Here in PA my family was offered a
very large amount of cash for the timber on one of our larger
blocks of land but we turned them down because we felt the
offer was still to low.

At some point all of this will start to bite into the housing market.