The Fed Did It!!!

Real Estate Agent with Ken Meade Realty

Good news for home buyers and sellers in Sun City, Surprise, Peoria AZ, Glendale and the West Maricopa county. 

Today, the Federal Reserve Board of Governors lowered the federal funds rate by 1/2%. Since many, if not most analysts predicted no more the 1/4, this is good news indeed.

This is the first reduction of this key interest rate in 4 1/2 years, clearly saying the Fed is serious about stabilizing the financial markets and stimulating economic growth in all areas of the economy.

As the financial world digests this, I hope to see a little loosening of credit, more liquidity, and far less doom and gloom about the housing market.

Thanks, Mr. Bernanke.

Jim Little, Your Sun City Realtor
Ken Meade Realty
17001 N Del Webb Blvd
Sun City AZ 85373

By the way...if you know someone who is interested in buying or selling real estate in the Sun City Neighborhood, Peoria, Glendale or Surprise, please call me with their name and phone number. Thank you!

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web siteJim Little, Your Sun City Neighborhood REALTOR®A Real Estate Agent who lives here and works here.

Representing Home and Condo Buyers and Sellers in Sun City and Sun City West Arizona since 1998.

To Buy or to sell Real Estate in and around Sun City AZ, Pleas contact me.

Visit my website, Search the MLS with NO CHARGE AND NO REGISTRATION, Click Here.

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David Spencer
Keller Williams Northland - Kansas City, MO
Show Me real estate in Kansas City
The only thing left now is to see if there are any positive results. The coming rollovers are in the 4% to 4.5% range, so some people will still go under.
Sep 18, 2007 08:26 AM #1
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