The 2015 Home Buyer's Catch 22
Hello Peeps! Back again, this time to talk about the Buyer's Catch 22. A lot of real estate agents would agree that 2015 will see the last of the leftovers from 2006 when it all came crashing down, replaced by stability and opportunity, but that doesn't mean it's quite out of the woods yet.
We started off with storms and other unfortunate hindrances, and all 2014 predictions were made about large numbers of millennial buyers coming out of the woodwork in 2015. Obama slashed private mortgage insurance almost in half, loosening lending policies came about, credit was improving and a rosy picture was painted.
Well, hold on a second. We're seeing more buyers; after all it is spring and many hoping for a tax return to help…