Friday, August 17, 2007
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Fed’s action gives markets some relief
The Fed today cut the discount rate — what banks pay to borrow from the Fed — by half a percentage point. Banks use it only when they’re in a bind. Like the one they’ve been in the past couple of weeks. Jill Barshay […]
Text of Fed Statement
August 7, 2007 2:15 p.m.
Below is the text of the Federal Open Market Committee’s statement from its
meeting August 7, 2007.
The Federal Open Market Committee decided today to keep its target for the
federal funds rate at 5-1/4 percent.
Economic growth was moderate during the first half of the year. Financial
markets have been volatile in […]
Good for New Homes..I still believe there are so much value built into those homes. New homes hold their value better on the market.
By JEFF BATER
December 27, 2006 3:45 p.m.
WASHINGTON — New-home sales climbed in November and inventories fell, a signal the slumping housing market might be stabilizing.
Sales of single-family homes […]
If you are on the fence with deciding whether to Buy vs. Rent. Take a moment and have a look at this article. Prices are very quickley dropping and it looks like it could continunue into mid-year 2007. Don’t wait too long or you’ll miss the boat (again).
Renting to Own
A good […]
The best deal are in new homes. Here are a few facts of the new homes sales industry.
New Home-Buying Tricks
To Get You Into a New House,
Builders Help Sell the Old One;
Showing Off Hardwood Floors
By RUTH SIMON
September 16, 2006; Page B1
Home builders have a new trick to try to sell you a new home: They […]
The signs on the market continue to shift towards the Buyers Time.
Area realty market turning soft
It’s the buyer’s turn as homes on market start to pile up
By MARIE VASARI
Herald Staff Writer
July was a record month for Monterey County home sales.
But it’s not the kind of record anyone would want.
As prices slipped and sales slowed compared […]
The Tides are Changing in the Real Estate Market. It has become a Buyers Market. The appropriate question is how deep and how long. That is good news for the Investors who have been waiting for the slow down to pick up Properties. Check out this article in CNN.com
By Chris Isidore, […]
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