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Mortgage Market News &
Updates - Denver Real Estate News, Updates & Economic Notes - Mortgage Blog compliments of Denver Real
Estate Agent - Anthony Rael
As you
already know, we're still in the middle of the Wall Street bailout, a
housing crisis, a huge economic stimulus package and a whole lot of other
wheels that have come off the bus. How
did it happen and what led to this historic mortgage & credit meltdown?
There's no disputing that corporate greed, corruption, poor decisions and political ignorance all
contributed to this mess.
The articles below will allow
us to look back on the U.S. financial sector for the past year, but
looking forward, I am confident that we will bounce back from this crisis
and our economy will be stronger than ever. Once the credit markets
get back on-track, qualified & responsible homebuyers will once again be approved for mortgage loans and the
Denver Real Estate market will thrive. Please don't mistake my
comments for blind enthusiasm - all the leading national real estate
economists agree that Colorado is positioned for growth because our job
outlook and cost of living is solid. ALL REAL ESTATE IS LOCAL
- so what's often reported in the news media & newspapers are based on
national trends.
I encourage buyers and sellers
in the Denver area to make sure you follow the local real estate market
and understand that national statistics may not apply to you and
therefore, should not be influencing your decision. Educate
yourself, then consult with a trustworthy, professional
real estate agent or REALTOR to represent your best interests. Call
me for
advice at 303/ 520-3179.
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