Your Distressed Property and Short Sale Expert in Maryland
As the Fed is in the process of a $600 billion bond buyback, they are actively watching economic indicators for any need to fine tune.
With improving job market and service industry(80% of US economy) figures, there will probably be no further in the bond market for the forseeable future.
Big factors to watch for would be another Eurpoean country having an economic meltdown, or failure of the US Government to put itself on a more sound financial footing and reduce spending.
In other words, government defiict spending around the world is dangerous to all economies.
Unemployment edged down 0.1% in December, with the creation of 150,00 jobs, and the Fed hopes that trend continues.
If employment/job creation continues, then the end of the emormous foreclosure and short sale disaster may be in sight over the next few years.
Let's hope we get back to a normal economy and get government spending under control!
Dennis
www.MarylandDistressedProperties.com
www.Frederick-MontgomeryCountyHomes.com
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