Real Estate Investing with John Alexander

Since Last Friday, the Secondary market for real estate loans has been rocking and reeling from the FannieMae loss and announcements. Expect to see major tightening of credit across the board affecting every lender and mortgage broker in the US. This looks like a repeat of last August where even good loans were being turned down while the Secondary markets regrouped.

This kind off situation typically brings a new round of home price lowering. I expect this to occur within the next month. Being creative in the RE market is a must. These turns in the market bring the greatest opportunities for those in the right position. Foreclosures will continue to flow into the market. The time pick the best deals is now and into the winter.