A Light at the End of the Tunnel- Bernanke Optimistic on Recovery
Federal Reserve Chairman Ben Bernanke said this morning that the economy is recovering and that long term prospects are strong. This comes after the Fed’s announcement earlier this month that it would hold interest rates near zero until mid-2013, indicating that short term expectations are for slow economic growth.
What does this mean for you? Hold on a little longer and weather the storm. If you are looking to buy or sell a home in the near future, remember that every neighborhood has its own individual market personality.
Denver home sellers are seeing an upswing in prices and fewer days on market! Be sure to consult with local experts no matter where you are looking to buy or sell.