rehab: INVESTORS!!!
- 04/09/10 08:58 AM
Now is a great time to get into investment properties, especially if you are thinking about doing rentals. Here are just a few reasons that the market is great for investors right now: There are a ton of good properties on market Home prices are really low It is harder than it has been in years for borrowers to qualify, which means there are more people looking to rent for a year or two Rates are GREAT (even for investment properties) It's become harder for investors to get loans, but this isn't necessarliy a bad thing because there is less competition … (0 comments)
rehab: Another Big Rate Cut
- 03/18/08 06:52 AM
The FED cut the Fereral Funds Rate 3/4 of a percent, to 2.25% today, in an effort to avoid a recession. With lower rates consumers are encouraged to spend and borrow more. Some people think that as the dollar weakens with each cut we could see higher gas and food prices, and higher prices for imported goods. We will have to wait and see what affect this has on our economy. Thanks, Clint … (3 comments)
rehab: Time For Buyer's To Buy
- 03/04/08 05:33 AM
I recently read an artivle on CNN-Money.com entitled Housing: Best Time To Buy In Four Years. It basically says that home valutaions (the difference from what a home should cost and the actual price) are the lowest they've been since 2004. Basically, the affordability is back and better than it has been in the last few years. Couple this with excellent rates and this is a great time to be a buyer. Thanks, Clint Haynes
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rehab: Rate Cut Is Going Happen
- 02/28/08 11:17 AM
Experts are saying that Federal Reserve chief Ben Bernanke is is going to cut key interest rates by 1/2%, and possibly as much as 3/4% when the Fed meet again on March 18th. Bernanke has said that the health of the U.S. economy is his biggest concern. A half point cut would bring the Federal Funds rate to 2.5%. It has already been lowered 2.25% since September 2007 to help keep the economy out of a recession. Many think that after the March rate cut we might not see another cut for quite some time, to let things settle and then see what … (1 comments)
Now is a great time to get into investment properties, especially if you are thinking about doing rentals. Here are just a few reasons that the market is great for investors right now:
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