When E.F. Hutton speaks.....

By
Real Estate Attorney with Bay Vista Realty BK671311

Well, what do you all think??????  I am still expecting an upturn in the market.  We should see something by the end of the year for the Homestead rush, but beyond that......I read this article about the Fed Chairman

 http://media.www.theticker.org/media/storage/paper909/news/2006/10/10/Business/Bernakes.Concerns.Over.Faltering.Housing.Market-2340440.shtml?sourcedomain=www.theticker.org&MIIHost=media.collegepublisher.com

 While all of the overall news is bad ( It always is, look at everything in life that sells ...... BAD..BAd...Bad...Bad...and then at the end, THey lived happily ever after.) here is the main line that is important....  The move came after the U.S. economy grew only 2.6% in the second quarter, below economists' expectations. The economist consensus is that the Fed will cut interest rates some time in 2007. Easing oil prices and a decline in the housing market fueled the Fed's decision to remain dovish on the economy. However, core inflation still remains elevated

 

SO again, if we are in this slump because of Interest rates, hurricanes, insurance and Gas prices....and all of those things are going away....what can we expect.....???

 

 

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I certainly hope this helps and if you have any questions, as always, feel free to drop a line at Gary@BayVistaRealty.com

If you or someone you know needs assistance with a Short Sale anywhere in the Tampa Bay Area, please don't hesitate to call to speak with a certified Short Sale Specialist.

 

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