Fannie Mae expects home sales to rise next year.............

Fannie Mae expects home sales to rise next year.............

I read a very interesting article by Christine Ricciardi from HousingWire.

It states that according to the Fannie Mae economics report, home sales are expected to decline by 8% for the year compared to 2009, and then increase by 3% in 2011.

It also showed that vacancy rates on rental properties are slowly declining, which is really good for investors.

I think all of the stimulus efforts are starting to make a difference.