The CNN articles and the recent announcement by President Obama for the agency to charge less for fees, we believe are setting up 2015 for the year that first-time home buyers will have the opportunity to have a significant imprint on the US housing market. In 2013-2014 when home sales began to moderate, the economy saw a retraction in GDP growth. Both the economists and administration recognized the need to jump start the housing market with first time buy incentives. Read the articles here and here.
Three Arch Investment fund is taking its cue from these recent changes and will be, in 2015, significantly focusing its investment strategy to provide product for the first time home buyer. Over 40 years of investing in real estate, we find it important to adjust and place our emphasis on areas of the housing market support by the agencies. Today 90% of all home are financed by the agencies thus one needs to follow their lead.
Investors who wish to participate with us in this endeavor may contact us or review our web page for additional information.
David Michelson, PresidentThree Arch Investors 949.305.5165 [email protected]