Nearly 19000 Realtors gather on the city of Mickey in Anaheim, CA for the NAR convention

Nearly 19000 Realtors gather on the city of Mickey in Anaheim, CA for the NAR convention also known National Association of Realtors convention this week.m The Realtors came to learn the latest in industry's news and to check out the greatest and best products. hundreds of vendors came to show their newest software and products. at the NAR expo. At this convention Realtors can choose from many different classes from green practices to new home sales techniques. The basic message was of optimism but Steve Harney of "www.keepingcurrentmatters.com" a broker from New Jersey explained that it's the best time in two generations to buy a home because low interest rates and the cost of obtaining a mortgage is going up despite the looming shadow REO inventory being released over the next 6 to 8 months. He explained that sellers should not wait to sell unless they are willing to wait several years for the near short term drop in values to rebound. Harney mentioned how Moody's, the Wallstreet journal, Business week and many other respected periodicals are now saying buy real estate now. He explained how a 1% increase in interest rates would be be equal to a 10% increase of price as related to mortgage payments. Now is time to lock a low payment for the next 30 years, Many will look back and say I wish I would have purchased a home in 2011.

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