|NAR Chief Economist|
now is still a fantastic time for home buyers to buy Lawrence KS Homes. If you can get approved for a loan now at a decent rate, you are well advised to buy a home. Make your move now before the lending requirements become tougher and the interest rates go higher.
The current economic mess can be blamed on our government. As long as the FED continues to manipulate the monetary system things will continue to worsen. Homes sales will remain sluggish in the Lawrence KS real estate for sale market and markets all across the country. There are many reasons why American homes and Lawrence KS homes for sale continue to see more and more days on market. "A combination of weak consumer confidence and continuing tight lending criteria held back home buyers, even though the private sector added nearly 2 million net jobs in the past 12 months" said Yun in an article on the National Association of Realtors post on October 27, 2011.
Basically, the Federal Reserve's policies and their attempts to help our economy are actually hurting the housing market. Yun says the policies are "contradictory and confusing" to consumers. Until Americans stand up and demand that the Federal Reserve is audited and they are forced to stop printing and / or digitizing money, we are likely to see the problems in the housing market continue. Go to Realtor.org for the complete story and to watch a very informative video on the current housing market conditions across the country.