On the opinion pages of The Wall Street Journal yesterday, Cyril Moulle-Berteaux, a hedge fund manager takes a bold stand by suggesting in this video, and rather convincingly I might add, that the Housing Crisis may be Over.
To summarize, homes on average are back to being as affordable as during the best of times in the 1990s. Numerous households that had been priced out of the market can now afford to get in.But even after reading this article, I was reluctant to think that home ownership would be affordable simply because the mortgage industry debacle has now forced anyone left in the business to tighten up their boot straps-making it even more difficult for buyers to qualify for loans, thus leaving the buyer pool extremely small. But then again, after watching this video, I am convinced otherwise when Berteaux makes a good argument that suggests there are plenty of buyers, and they are going to want their piece of the American Dream soon.
About Daniel Signani
Daniel Signani is a Real Estate agent with Prudential CA Realty in Beverly Hills. He is widely respected by his clients and colleagues alike for his professional approach to each real estate transaction. His integrity, loyalty and honesty have all paved the way to building a remarkable business.
With 8 years of real estate experience, Daniel prides himself in his ability to not only help his client's present award winning offers, but also negotiate on their behalf resulting in a win-win situation for all the parties involved. Protecting the client is yet another one of Daniel's many areas of expertise.
Daniel understands the Internet and how it plays a critical role in marketing your home in today's internet savvy world. "I recently obtained the E-Pro Certification afforded to all real estate agents who complete the educational course. This certification strengthens my understanding of how Internet marketing is critical to successful real estate sales."
"I also wanted to better understand how I could reduce my carbon footprint, and more importantly, help educate others as to how they could reduce theirs." With this thirst for knowledge, Daniel has been awarded the National Association of Realtors® Green Designation, the only green real estate professional designation recognized by NAR. This designation helps consumers who care about energy efficiency and sustainable building practices identify Realtors® who can help them realize their green real estate and lifestyle goals.
All of this proves to be another invaluable asset he brings to the table when listing your home for sale. Daniel is also proud to be a Realtor® and member of the Beverly Hills Greater Los Angeles Association of Realtors®. He is currently a member of both the Public Policy & Professional Standards Committees.
Knowsey Neighbor
It’s not over. In fact, in soft market areas like So. Cal. we’ve got a ways to go. Expect even more foreclosures over the next few months. Unfortunately, those who wait for these rock-bottom prices will find themselves paying higher interest rates. So NOW is probably the best time to buy if you can find the right place for the right price. Waiting longer will just cost you more in interest!