Friday, March 28, 2008

Able to buy the house of their dreams ....

This from an article in the Kennebec Journal (3/27/08):

"Thanks to a drop in prices, favorable interest rates and a glut of houses to pick from, the Hamels were able to buy the house of their dreams. Their offer was accepted a few weeks ago, and they will be moving in soon.

'We found a deal,' Wendy Hamel said.

For buyers who felt shut out by the booming housing market for most of this decade -- and who can still obtain loans in this time of tightening credit requirements -- the downturn in the economy has presented new opportunities.

That's one bright spot to be found in the slowdown. And despite the parade of bad news making headlines recently, there are others."

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