Is this a good time to buy or sell real estate? As potential buyer, It is not often that the prices are low AND interest rates are low at the same time. And no one knows how long this window of opportunity will last. Not too mention that the interest rates are already starting to inch back up and this will make money more expensive to borrow for buyers. As a potential seller, if anyone you know is thinking about selling their house, condo or income property, now is the time! as the … [Read more...]
It’s that time of the year…let’s start forecasting what will happen in 2011, shall we? My 5 initial projections:
December 10, 2010 By Leave a Comment
In correlation with Freddie Mac, here are my 5 future predilections for 2011 regarding the real estate market: 1. Fed analysts expects the central bank will maintain the Federal Funds rate at its current rate range between 0% and 0.25% for the majority of the year 2011, if not all of it. Therefor, the average 30 year fixed rate loans rate which is currently in the high 4% range and the 5/1 hybrid adjustable rate which is currently below 4 %, should both remain in the same ball park for … [Read more...]
