When it comes to Bergen County real estate, I ask everyone if they really care. I know I care. The ones that really understand what is going on in the economy, care!
Here is the thing: When the politicians, worldwide, not just in the United States, finally figure out that housing makes the world go 'round, then life will be so much easier economically. They just don't get it.
It just seems to me that the government officials just don't get it. With this Dodd-Frank bill including the "Qualified Residential Mortgage" I want to say ARE YOU KDDING ME?
A lot of people will say I'm nuts for saying it's a bad thing. Well think about it this way: Not many people like the designated hitter in baseball, but now that it's here and has been here for so long, you ain't never getting rid of it. It is to much ingrained in our baseball society, from little league on up to MLB.
Okay, so change the qualifications and make it tougher to get a mortgage. I agree. Everyone should have good credit, money and a job in order to buy a house. Don't make such drastic changes. The Dodd-Frank overhaul is like taking 10 steps back in what some are calling an economic recovery.
These two need to actually do some research rather than reading their own headlines and stay away from the mirror.
As far as Bergren County real estate is concerned, here is the latest information that has been compiled. It is my monthly Bergen County market update: http://budurl.com/j9ld
1 comment:
Bergen County has over 70 towns that offer incredible residential real estate and a vibrant cosmopolitan lifestyle. It also offers diverse real estate options such as riverfront homes, high-rise condominiums, and more suburban single-family homes that offer the prospective buyer the kind of freedom of choice they deserve. Thanks a lot.
For Sale By Owner Missouri
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