Saturday, June 15, 2013 6:49:53 PM
Homes are selling like hotcakes in the south west (ca,nv,az,TX). And will continue to spread.
I live in SoCal my and continue to buy single family homes and f&f make it possible for every average income to purchases a home at low fixed rate.
Ignore the politics and hype. I'm long fnma and have been since 2008.
Fnma is here to stay. If you're long, ignore the chatter.
Oh yeah, I see a lot of chatter on Aig stock price when they went back to share holders and stock went from $3 to $14 to $29etc.. However, they did a reverse stock split to raise price. I owned shares at the time.
Could this happen with fnma?
-the Kid
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