Hi Everyone,
As Today is Memorial Day, some folks look at it as a day off to spend in the sun, but on this very day (and always), let's remember the men and women in uniform that are on the front lines protecting us, and sometimes, they pay the price with the "ultimate sacrifice", thus, it is "Memorial Day". It is a day of remembrance, where you should definitely spend time with family and friends, and at the same time, keep our forces in your thoughts and be thankful for what they do for us.
On a side note, the Pending Home Sales Index for April was released late last week by the National Association of Realtors (NAR), and the result (which is a forward-looking indicator based on contract signings) showed a decrease. More specifically, an overall drop of more than 11.5% from last month and almost 27% from April 2010. Lawrence Yun, NAR chief economist said that, "tight credit is the primary long-term factor holding back the market."
In closing, have a great day, enjoy the Holiday, and remember our heroes !!
Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com
TAGS: #armedforces #homesales #NAR #realtor
tight credit will be an issue for sometime I am afraid to say. I think as long as the gov't keeps wanting to jack around with the banks and the banks afraid to lend as it may hurt their stock price. We are going to be in this world of hurt. Still I think there are some issues with homes being overpriced, bad marketing and so on.
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