Tuesday, May 25, 2010

Home Sales continue to show improvement

As April statistics come in, the numbers are good, and sales continue to be strong nationwide. See http://www.realtor.org/press_room/news_releases/2010/05/ehs_april

Hoever, personally, I continue to struggle with the loan process, whether it is a local lender or one of the larger nationwide lenders. The buyers are out there, the amount of homes on market to support the buyers continues to be limited. Lenders still seem to be weary of taking a leap of faith with buyers. I can understand some hesitation, but the new federal laws that limit lending practices make life so difficult for the lender to make loans. Something has got to give.