Well, Renae Stucki Realtor watched the State of the Union address from President Obama and we feel comfortable saying it will have little to no impact on the current housing market. There were some interesting bits about extended the Earned Income Credit to childless workers thereby helping them get out of debt and some other ideas that may or may not help middle class families.
But one thing is clear… The president isn’t going to do much to affect the economy. And that leaves things up in the air until the Fed makes more decisions and takes action.
It’s more of a wait and see period in Washington. So take the time available to you right now and get moving on the current interest rates and start shopping for your dream home today.