Friday, December 18, 2009

REALTOR® Magazine-Daily News-4 out of 10 Recent Buyers Used FHA Loans

REALTOR® Magazine-Daily News-4 out of 10 Recent Buyers Used FHA Loans: "4 out of 10 Recent Buyers Used FHA Loans
According to the most recent REALTORS® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. REALTORS® who took part in the November survey also reported that the number of first-time home buyers continued to climb to 51 percent."

many of our short sales receive offers from fha buyers.

The concern is that with so little down what will stop these homeowners for walking away in the future

short sale buyers