sellers: Can the Fed bring Stability??? - 12/11/07 03:23 AM
Interesting question.  There are some great debates over this issue with respect to our industry (REAL ESTATE).  There is probably little doubt that the Fed will lower the target for the Fed Funds by 1/4 percent (possibly by a 1/2%).  What does this mean for us in the real estate industry?  Hopefully with the lower short-term rates, this will help those with short-term financing tied to the prime rates.  In the end remember that the Fed plays a role in helping maintain a good supply of money in the market, but the market is driven by supply and demand.
Indirectly we hope … (3 comments)

 

Jason Botelho

Saratoga Springs, UT

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Keller Williams Utah Realtors

Office: (801) 766-4991

Mobile: (801) 698-6182



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