first time home buyers: 4.5% Interest Rates Hooray - 12/04/08 10:56 PM
Maybe. There is no doubt that if the government plan leaked Wednesday night becomes reality it would spur some home buying and reduce some of the inventory that is hanging out there. However, the question is, would it also cause some unintentional consequences in the long term or the short term for that matter.
I always get a little nervous when the government tries to save us. I often compare government intervention to those wonder drugs that they advertise on TV. They have super happy people doing happy things under a great tag line while they monotonously insignificantly read off the … (1 comments)

 

Joel Garcia

Realtor - Your Oklahoma City Real Estate Expert

Oklahoma City, OK

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Paula and Company Realtors

Office: (405) 722-7500

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