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Nov 06 2008

Obama … the good news!

Posted in General, Property Finance

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Obama - US President ElectWhile South African leaders anticipate that US president elect Barack Obama’s victory on Wednesday, November 5th 2008, would place Africa’s challenges higher on the global agenda; in the American real estate industry one big question is on many REALTORS®’ minds: How will the new government leadership affect the housing industry’s ability to move forward with its top legislative goals?

NAR analysts say REALTORS®can expect the Obama Administration and the new Congress to focus first and foremost on regulatory reform of the country’s financial services industry. These would include potential changes to secondary mortgage market companies Fannie Mae and Freddie Mac, which are under government conservatorship.

Listen HERE to Barack Obama’s message to Nelson Mandela

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