Well the big anticipated FED rate drop came and went. So what does it mean for the average home Buyer? Very little at this point. We did see the average interest rate drop by about 1/8th of a percent. Keep in mind the FED’s dropped the rate they lend to … Read More »
Archive for September, 2007
Feds Drop Rates
Monday, September 24th, 2007Sellers Overpricing Homes
Wednesday, September 12th, 2007In our current housing market with-over 32,000 properties for sale in the Central Florida area, the worst thing that a Seller can do is over price there home. Buyers are looking for and finding real bargains out there. Foreclosure homes, Builder Inventory homes, and well positioned Sellers are listing homes … Read More »
The Housing Fallout
Monday, September 10th, 2007The economy seems to be feeling limited effect from the current housing slump according to the FED. Here in the Orlando area we are feeling the effects of the housing slowdown but home inventories have appeared to have peaked. There is however no slowdown in pre-foreclosure properties. There are many … Read More »
Fed’s Announce Big Changes For Mortgage Market
Wednesday, September 5th, 2007It appears that the Federal Government is finally taking notice about the current mortgage conditions. The Fed will be meeting September 14-15 to address the current mortgage problems and hopefully come up with some workable solutions. This is good news for Sellers and Buyers in the Central Orlando area who … Read More »