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crisis: Can It look WORSE? - 10/24/07 07:25 PM
Sales are Down, WAY DOWN...
The battered markets for real estate and home building still have farther to fall, according to a range of economists who spoke Wednesday at a forecast conference sponsored by the National Association of Home Builders.
The economists agreed that the problems with home finance markets will continue to hit housing into next year, and that even when there is a recovery, it will be a slow process that will see weakness continue into 2009.
While most said they believed the overall U.S. economy can weather the housing downturn, several saw significant risk of a recession. Mark Zandi, chief economist … (3 comments)

crisis: Fed cut. Good for the Economy ~ Bad for Inflation - 09/18/07 07:14 PM
The long awaited Fed decision arrived with a bang! The Fed surprised many economists and traders with a half percent cut in both the Fed Funds and Discount Rates. Stocks soared higher and enjoyed their largest gain since 2003.
What does the Fed cut mean? Rates on consumer debt, car loans, and Home Equity lines will all benefit. But because Home Loan rates are tied more closely to inflation, it is not uncommon to see less of a reaction...or even an opposite reaction in mortgage rates.
The Fed cut also hurts rates of return on investments, which gives foreign investors less incentive to … (1 comments)

crisis: And for your reading pleasure.. Here is the latest on the Liquidity Crisis - 08/20/07 06:40 AM
Fellow Real Estate Professionals, FYI.. And for your reading pleasure.. Here is the latest on the Liquidity Crisis that the Mortgage Industry is now facing, which is obviously effecting us all. Please take the time to read, and feel free to call me with any questions.. Enjoy!
Current State of Mortgage Financing...What's Going On? Anyone watching or reading the financial news over the last few weeks has seen a lot of angst and consternation over the state of the mortgage industry. In fact, one of the larger lenders in the US, American Home Mortgage, was forced to shut down operations recently. But … (5 comments)

 
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Lee Forbes - Forbes Property Group #1 Preferred Agent! CRS, GRI, ABR, E-Pro

Lakewood Ranch, FL

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Lee Forbes PA, Forbes Property Group Broker in Bradenton

Address: 9114 58th Drive East, Suite #100, Lakewood Ranch, FL, 34202

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