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High Oil To Blame Inflation is certainly moving higher. It seems like all of our daily items are getting more expensive by the day. This can be directly attributed to the cost of oil. Ben Bernanke, the Fed chief, sees this as a problem going forward. It seems to me that the housing market started to drop off when gas shot up in 2005. Aside from the very well off, high oil prices affects everyone. It makes people reassess large purchase items because of the uncertainly of oil prices. What's more, with inflation looming, the likelihood of low mortgage rates is minimal. This is a double whammy for the housing market.     Posted by Stephen Graham on 02/20/2008 01:44 PM   Comments (0)   0 Comments on High Oil To Blame Notify me of new comments: Email: What does the graphic say? Leave a response… Name: Email: (optional) Comment: What does the graphic say?

Stephen Graham

Atlanta, GA

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Realty Professionals, Inc

Office Phone: (770) 491-1494

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Buyer's Agent, Georgia, GA, home buyer rebate, commission rebate, cash back, real estate

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