BUY! BUY! BUY!

So the mortgage rates are dropping still with the lowest rate we have seen in seven months following the government taking over Freddie Mac and Fannie Mae. The 30-year fixed declined to 5.78 percent this week. We are seeing more buyers out there although the gap between the deal the buyers think they can get and the amount the sellers are willing to take is still quite wide. There is a psychological balance that needs to be restored. I would expect that some people will take money out of their stocks right now and put it in real estate especially with all this good deals.

Bring it on! Call me if you want to buy or sell.