The storm of the housing market and the impact it has had on the economy has swirled around for months and months now. Foreclosed homes have been dotting the American landscape, and with each broken loan comes a broken dream and a broken heart. It is unimaginable that families can be thrown onto the street, especially in a country where we spend $140 million dollars on “volcano monitoring”.
I am now in the group of people who are trying to sell their home. In a market where qualifying for loans is difficult, buying a home is a lot more challenging than it used to be. A few years ago, you could basically walk into a bank or brokers office, state which home you wanted to buy, and it seemed the people in charge were more than happy to hand over the money – and a little extra to boot. With the economic downturn and the stigma now attached to mortgages and banks, credit has been at a standstill. But with the impending summer season which is often the busy season in the housing market, and the notion that the housing market is on the upswing, money should begin to change hands. The reality is, without credit and money, the economy will never turn around.
I am hoping that somebody has the access to a loan and falls in love with my home…..
