Aug 30, 2008

President Bush comments on the housing market

President Bush briefly discussed his view of the housing market's condition in his weekly radio address.

"Yet there have been some recent signs that our economy is beginning to improve. While the housing market is continuing to experience difficulty, the decline in home sales has leveled off recently, and sales are rising in some parts of the country."

Here in Florida we certainly hope that those who want or need to sell or buy a home will be able to do so in the months to come with less difficulty and stress.

We hope the $7500 tax credit will be of value to first time home buyers and that the new government mortgage assistance for home owners affected by the mortgage mess will allow those home owners to stay in their homes. Eliminating the over supply of inventory by assisting people with staying in their homes will also work towards helping those who need to put their home on the market.


Related Florida real estate views:

New law may save your house

President Bush not completely happy with housing bill

How does President Bush pick a real estate agent?


- Greg Staker - Watson Realty Corp. - 407-304-0255

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