Happy Thanksgiving Everyone!

Gobble Gobble

 

I'm in the real estate business, so on top of everything I have to be gratetful for personally,  I am especially grateful that the worst of the real estate economy seems to be behind us.

Here's why I'm grateful this year:

1. Housing, according to the NAR, is projected to gradually improve in 2012.

2. Although FHA loan limits were recently reduced, Congress just reversed that and returned them to their previous limits. You can again use FHA in Portland and Vancouver to purchase a home up to $433,900 and in higher cost of living cities, up to $729,750! The previous reduction was a detriment to recovery.

3.  The number of resale homes sales rose unexpectedly last month while the number of listings declined. Moving in the right direction again.

Have a wonderful, safe and tasty Thanksgiving!