The Fed...Home Buying and the Realtors part....Why can't winter be over?

Well the Feds came out this week and held things constant. Of course the housing market and employment market are the 2 things that they see as holding our economy back. They do see some modest growth but nothing that they are yet concerned on in regards to inflation. Until we see the labor force improve as well as the housing market.....interest rates should stay low. Home affordability is at a high right now between rates and home prices. Any realtor will tell you that you will get more bang for your buck right now then you ever will.

Speaking if Realtors....if you are going to buy a house you will be wanting one. Realtors are there as an advocate for you in the home buying process. A good realtor will listen to your home need wants and actual needs. By doing this they will hopefully be able to help find a home for you to purchase that is in your price range and meets or exceeds what you are looking for...especially in this market since a $300,000 house is now a $200,000 house.

You want to make sure that you pick your realtor just like you pick your loan officer. They should be willing to listen to you and you should feel comfortable with them Don't just pick a realtor because their name is on the home sign...pick them because you feel you can work with them.

Typical things that a realtor does for you include:
Educating you on the market
Analyze your wants and needs (said that already ..didn't I)
Steer you to homes that fit your criteria
Coordinate the work of other needed professionals
Negotiate on your behalf
Review paperwork and deadlines
Solve potential problems

Here in the Midwest this week we got treated to some really nice weather only to wake up today to the cold once again. It was like a big tease but I think that we all needed a little hint of spring to keep us going. It has been an odd winter everywhere this year even on the west coast.

And right now our neighbors to the east are having issues with collective bargaining and their governor...teachers and students walking out of classrooms......and we thought we had it bad with Jesse Ventura.

Have a great weekend.