Current market trends

By
Real Estate Agent with Aviara

 

Will the FED lower rates or not? As we go forward, it would seem that we need a drop in the FED rate. However they will not lower rates as fast as some would like to see. This could cause further panic in the market and that would create an even worse market.

Comments (2)

Carole Cohen
Howard Hanna Cleveland City Office - Cleveland, OH
Realtor, ePRO
Wow Karl, you are in Ventura County so you know about boom markets! This is a good question. And it's funny because six months ago everyone was worried about the Fed continually and slowly raising the rate...now we are expecting it to go back down. I guess we will find out!
Aug 12, 2007 03:45 PM
Karl Schott
Aviara - Agoura Hills, CA

Carol,

As long as inflation is in check and the current panic settles down, we could see a drop in the FED rate within the next few months. However, the FED should not bail the Banks etc out as they did in the 90's.

Aug 13, 2007 02:12 AM