This year has been an uneven one in world news, and a generally depressing one for the real estate market. I think that we are all ready to see it end. I know that we're all hoping for changes to FHA requirements and lender compromises on the millions of loans about to adjust in 2008. At least there is now a recently passed Mortgage Forgiveness Debt Relief Act, which eliminates taxes due on the money lost in personal residence sales.
And while thoughts of world peace and clean air dance like sugarplums in our dreams, we can move our thoughts closer to home (and reality) and imagine the Sunnyvale Downtown Development near completion next year...finally a downtown that we can be proud of!
I would like to wish all of my readers a Happy and Healthy New Year!
1 comment:
this has been a brutal year for just about everything,,, real estate market is horrible, and the mortgage industry even worse,,, lets hope for a better year in 08,,,
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