Why the media is wrong about today's housing slump...
A sneak peek...
"Right now we have mortgage interest rates three points below historical norms. We have housing inventories five months greater than balanced markets. Combine that with unemployment that is a half percent lower than the recession of 2003, and you have excellent homebuying conditions."
Enjoy the rest of the week!!
My best regards,
Jillian
Jillian Visser
Sotheby's International Realty
11911 San Vicente Boulevard Los Angeles, CA 90049
c 310.500.8300 d 310.481.4389
jillian.visser@sothebysrealty.com
Wednesday, May 7, 2008
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