Warren Buffet is not one to bet against. I think the biggest factor we'll need to follow is the unemployment rate or, more inportant, new job creation. I believe that even if he is wrong timingwise, you must buy in order to buy low & sell high. Another important item to follow is to know your market. Remember the 3 most important things in real estate (& weather) are location, location, location. Don't follow the national news as much as your local news reporting on things locally.... more
I believe the politicians were listening to Harold Camping and thought that they would magically disappear. That's why we hit the debt ceiling limit as well. It is always better to go out owing as much as possible. There are no plans for tomorrow. Live for today.
Gene is what your saying that the government is funding all the loans?
There are people out there betting that interests rates will drop down below 4%.
There are other people buying up stock in TYO betting the rates will rise real fast.
Every time I think I have a handle on it, I wake up the following day only to see a politician saying we are spending mega billions more something I don't agree with or heard of and I keep my ears and eyes wide open. TYO looks to be stabilizing lower so I would think for the next couple of weeks plans are status quo. Keep an eye on TYO it is usually a good indicator. This is not a guide to tell someone to buy stock. All information provided came from a cracked crystal ball and its owner trying to best guess.
Harold Sharpe - Broker
So Cal Homes Realty
California Department of Real Estate Broker License # 01312992... more
The condition of yards/the upkeep of a home use to be a strong indicator of safe neighborhoods. I'm not sure it has the same meaning as years ago. My recommendation is to call the local police dept. Speak with homeowners in the area. Do a google search of the area.... more