3 LA Times headlines all on page B2 send a good signal. – “Home Prices Rise 11.2% in the state” “First Time Jobless Claims Decline slightly; Inflation Remains in Check” and “30 year Fixed Rates Edge Up” – Now that looks like the light at the end of the tunnel I was hoping to see. This is the combination that signals a good move in the real estate marketplace.
If enough people see the light at the end of the tunnel then it will happen. We will all feel the relief of the market slowly recovering. I feel that the interest rates need to rise just a little to make the buyers get off the fence and get the cheaper money before it drays up or gets more expensive to borrow.
IMHO
Keith Lambert
www.REList.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment