Robert T. Boyer, Ph.D., Real Estate Financial Planner for San Diego’s Finest Real Estate, discusses why he expects 2008 to be a better buying year than anticipated. He places foreclosure statistics into context and comments on the great foreclosure deals available. Boyer comments on the stimulus package and loan rates. He observes that prices and interest rates are back to 2004 levels while buyer income (at 3% / yr) has increased by 12% - we are in a better place than we were 4-years ago - overall affordability is up.
www.SanDiegosFinestRealEstate.com
Duration : 0:5:25