November 24, 2014

Thanksgiving for home buyers

By Marcie Geffner - HSH.com

Home buyers have a lot to be thankful for this holiday season. Interest rates remain low. The Federal Reserve hasn't dumped its portfolio of mortgage-backed securities. The U.S. economy has strengthened, jobs are more plentiful, and home prices have stabilized.

Add it all up and one clear conclusion is that home buyers "basically aren't getting as hosed as they were before," says Nela Richardson, chief economist at Redfin, a real estate brokerage in Seattle.

Here are five things home buyers should be thankful for this Thanksgiving:

Read on:
http://www.hsh.com/finance/mortgage/homebuyers-thankful-thanksgiving.html