Happy Easter!

I want to wish you all a very blessed Easter! Just remember that there are only 32 days to utilize the tax credit...call my mom, she'd be happy to help you!

I wonder what the Easter Bunny is going to bring me this year????

Housing Experts Say Real Estate is Recovering

Well I'm not sure if you knew but I've been pretty sick lately (the picture is of poor me at the doctor's office). I've been to the doctor three times in a period of weeks and am not real thrilled with where they put the thermometer. I'm really hoping that I don't have to go back. I think I'm on the road to recovery though....just like the housing market from what I'm hearing! My mom is thrilled, my dad is getting very thin from not having anything to eat for dinner because mommy's always gone at night (I think she does this on purpose so she doesn't have to cook) and I'm resting...strict orders from that mean ole' doctor. This is what I'm hearing...

Some of the nation's top economists believe the housing market has turned and better days are on the way for the housing industry.

Increase in jobs, credit, and affordable homes will overcome impediments such as rising interest rates, and the expiration of the Federal stimulus program to push the housing market towards recovery, says Dean Maki, chief U.S. economist for Barclays Capital.

"I would be even odds that we're at a bottom and that we're going to see improvement in the coming months," says Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College.

"The underlying trend is turning positive," says Bruce Kasman, a chief economist at JPMorgan Chase & Co.

Source: Bloomberg, Kathleen M. Howley and Rich Miller (3/15/2010)

Buyers Who Wait May Lose a Lot

Okay, okay....if you look at my picture you can tell I've put off going to my stylist for a llllooonnnnggg while but I just wanted to go au naturale during these long cold months. I have a dreaded appointment with my stylist on Thursday. Oh great, here come the dumb bows in my hair...please put me out of my misery!

However, on the topic of waiting to long...I wanted to notify all you buyers and sellers out there NOT to wait until it's too late to utilize the credits that are out there!

Just f.y.i.....

Potential home buyers who delay have a lot to lose.

First-time home buyers and move-up tax credits worth $8,000 and $6,500, respectively, expire April 30th. Buyers who qualify get a dollar-for-dollar reduction in taxes or a cash payment if they don't pay enough enough taxes to cover the credit.

Other factors that should spur buyers:

Low Mortgage Rates. If the Federal Reserve stops buying mortgage-backed securities at the end of March, 30 year rates will most certainly rise to more than 6 percent.

Rising Prices. About 30 percent of markets are experiencing price increases. Prices are falling in 12 percent of markets, says Fiserv (but that only helps if you want to live there).