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Monthly Archives: March 2007
Real Estate Trends 101
I know of few people in the Real Estate Market that don’t want simple answers to a complex issues. Let us simply refer to it as “crystal balling”!
Thinking on it for the past few hours I found myself chuckling at myself wondering, if only I had that crystal ball ten years ago. Then I thought further and realized, I’d had the “crystal ball” all along! WE ALL DID,…We All Do!
Posted in Archived, Business Trends, Business-Philos, Real Estate
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Fixed Rate Mortgages Soften?
The Financial Markets aversion to risk is making its position known these last few days and the result of which (one of them anyways) is a rush to the Bond Markets. The result of which has been a softening in Fixed Rate Mortgages.
For those of us observing the inevitable exhaustion from Heated Housing& Commercial Markets this will no doubt, be received with a bit of mixed emotions. If you, like many in high cost housing areas, took the route of a high leverage (90% LTV or greater) interest only or “neg am” ARM’s you may be thinking GREAT, but I’ve lost 15% plus in market value in under a year and I can’t refinance even if I wanted to!
Posted in Archived, Business Trends, Poli-Finance, Real Estate
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