newpoort beach real estate: What’s in Store for 2012? - 01/04/12 08:52 AM
Only fools try to predict the future.
So, here goes:
Interest rates will stay low. Not exactly going out on a limb here—the Federal Reserve itself calls for the Fed Funds rate to stay low “at least through mid-2013”. Big banks will be in big trouble. Bank of America is already riddled with arrows as it tries to outrun angry investors, regulators, law enforcement officials, and class-action plaintiffs. JPMorgan Chase is facing similar threats. Anyone want to place bets on Citi and Wells Fargo? Home prices will keep dropping. Lots of company on this prediction. The question is: How far and … (2 comments)

 
Sengdao Vongruksukdi, Newport Beach Real Estate (Starlight Realty Certified REO & Short Sale Specialist)

Sengdao Vongruksukdi

Newport Beach Real Estate

Newport Beach, CA

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Starlight Realty Certified REO & Short Sale Specialist

Address: 1936 Irvine Avenue, Newport Beach, CA, 92660

Office: (949) 650-4746

Mobile: (949) 244-1597

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