Today in a response to the looming recession the Fed cut rates by ¾%. This is a very steep cut and more are expected. The usual suspects declared this would have no impact on the mortgage market, but today the mortgage interest rates went down ¼%. I suspect more will be comingThe combination o
...
01/22/2008
Many people are asking the question, "Has the market hit bottom yet?" And the answer is, "Maybe."This is a very odd market and it is difficult to gauge pricing and where things should be priced. Homes priced low are selling, getting multiple offers, and selling for above asking price. Certain l
...
01/10/2008
Right now we are in a very hot buyers market. You need to work to sell your home. I show a lot of homes to buyers and sometimes we have trouble getting into them. Frequently it is because the listing agent did not put the proper phone number down to call ahead, or the tenant is not available a
...
01/03/2008