Info That Hits Us Where We Live – A Look at Tomorrow

QUOTE OF THE WEEK… “But to look back all the time is boring. Excitement lies in tomorrow.” –Natalia Makarova, Soviet-Russian-born prima ballerina

INFO THAT HITS US WHERE WE LIVE… Fannie Mae’s December National Housing Survey asked consumers to look into tomorrow and it was somewhat exciting to see that people are becoming more confident in the housing recovery. Evidence of this came in the finding that 49% of those surveyed believe home prices will rise over the next 12 months, up from 43% a year ago. The size of that price increase was expected to be 3.2%, compared to just 2.6% last year. Even better, 33% of consumers polled said now is a good time to sell, a significant gain from the 21% who felt that way last December.

Fannie Mae’s chief economist commented: “The marked improvement in housing market sentiment over the course of 2013 bore out our view going into the year that the housing recovery was on a firm footing.” He now sees “a continued but measured housing recovery as we move through 2014.” Wednesday, the Federal Housing Finance Agency said it will delay plans to raise the base guarantee fee for mortgages securitized by Fannie Mae and Freddie Mac in order to give their new director time to review the changes. That’s good news for now.

BUSINESS TIP OF THE WEEK… When you’re trying to come up with a solution, avoid negative language. Use constructive phrases, such as “How might we…?” This suggests that anything’s possible and encourages team effort.

Kristen Zorda
Loan Officer
648 Plank Rd. Suite 203
Clifton Park NY 12065
Office: 518-366-7999
PrimeLending, a PlainsCapital Company

Orson B.Klender,  Associate Broker

Keller Williams Realty Saratoga Springs
38 High Rock Ave, Saratoga Springs, NY 12866

www.RealEstateSaleSaratogaSpringsNY.com

www.OrsonKlender.com

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Cell: 1 (518) 588-2319 ~ Fax: 1(866) 588-6066

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About Real Estate Agent in Saratoga Springs

As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you.

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