Interest Rates below 4%- Time to buy a mansion - 09/19/11 07:51 PM
Interest rates below 4%? Time to buy a mansion!
http://www.dsnews.com/articles/index/cash-buyers-and-investors-take-fright-capital-economics-2011-09-15
This article refers to a couple of terms and I thought I would put them in my own definitions for real world experiences.  These definitions are my own interpretation and stem from several hundred interviews with distressed homeowners.
Weak Labor Market: It used to be if you needed more money you got a second job doing something perhaps you didn’t like doing.  You might have worked in the evenings or Saturdays at a grocery store or fast food restaurant.  If you’re a construction worker, like many of my clients, you did … (2 comments)

 
Desert

Ray Teerlink Realtor Short Sale Listing Agent

Gilbert, AZ

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Arizona Elite Properties

Address: 225 E. Germann, Suite 110, Gilbert, AZ, 85297

Office Phone: (480) 382-1199

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