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I was Wrong!

February 24th, 2014 11:10 AM by Rob Robbins

2014 is starting out pretty interesting and it proves again I am better predicting the past. As you know in previous blogs I have warned about interest rates for 2014 and you missed the best rates. That is partially true but they are still much better than I thought they would be and many others.

Yes, rates have went up some but still under 5% which is great news for home buyers.

Winter weather has been a player in home sales and new construction completion dates. One builder told me he was behind by 30 days due to weather. We have had minimal activity due to unusual bad weather as much of the United States has experienced.

News media is hyping up reduced home starts and sales across the United States making it sound really bad. Of course they have been slowed down. People could not even get to work many days this winter. Hello, bad weather is to blame, not our market!

I do think things will pick up in the next 30 days with a lot of people sick of winter and wanting to make a move.

Seller's cheer up and buyers you can still get good rates with some pretty well priced properties waiting on you.

2014, here we go!

Posted in:General
Posted by Rob Robbins on February 24th, 2014 11:10 AM



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