Lake Keowee Real Estate

...or does the good news about the economy just keep rolling? Big companies like GM, Caterpillar and Bank of America, among many others, had very strong first quarters in 2010. Hopefully this will be the impetus that gets a lot of folks back to work. But lets keep our fingers crossed that most companies won't try to continue to run at current employment levels in order to maximize their profit margins until they're forced to hire additional workers. 

What does this mean for Lake Keowee Real Estate? As of this moment, nothing. Buyers can be understandably hesitant to get back into the buying frame of mind after what we've been through as a nation economically. Banks are still a bit slow to lend money but that will inevitably change as the pendulum swings back to favor the buyer. Jumbo Loan rates will begin to level off with conventional loan rates as the the government has ceased its loan purchases as of the middle of April and it appears that private firms are filling in the gap. But there is some good news for right now and not just the near future: if you are a buyer with good credit and want an excellent (and I do mean excellent) deal, now is the time to buy some property. Take that tax refund and put it down on a new Lake Keowee waterfront home!  You could look at it as your government bailout, and we all need one of those.