NAR President speaks

Dick Gaylor, the 2008 President of the National Association of Realtors, said in a recent email that the housing market got a big boost last week when President Bush signed the economic stimulus package. The increases in the FHA and GSE loan limits are a big help. The new limits should be announced within 30 days and be in effect for one year. Gaylor gave a link to where you could watch a special video edition of his podcast. Check out the NAR President’s Podcast posted on February 19, 2008.