Chart: Pending Home Sales for the last 13 Months.
It truly is a great time to buy. Home prices are at 2003 levels (pre-bubble) and with interest rates at an all time low. www.goo.gl/fFRln
It’s now been almost four years since irresponsibility in certain corners of Wall Street nearly caused our entire economy to collapse. Today, it’s pretty clear to most of us that the rules we once had in place to protect our financial system were old and poorly enforced. They allowed dangerous risk-taking to go unchecked. And when the largest financial institutions did fail, they left hardworking taxpayers holding the bag. And as we dug our way out of the worst recession of our lives, President Obama promised to reform the system so this never happened again.
That’s why, two years ago today, President Obama signed into law Wall Street reform that put in place smarter, tougher, commonsense rules of the road and the strongest consumer protections in history.
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