In a recent press release from the Mortgage Banker Association, the Association when addressing the housing situation stated:
"We expect housing starts and home sales to continue to trend down and reach bottom around the end of the 3rd quarter 2008".
Additionally the Association expects mortgage origination to decrease by 18% in 2008.
Related Florida real estate views:
Buyers are choosing fixed rate mortgages
FDIC – Home ownership declines with income levels
Realtors should not write home loans
- Greg Staker - Watson Realty Corp. - 407-304-0255
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