Improved global markets in Asia, Australia and Europe= unfavorable effect on American bond
market=slighlty mortgage higher rates. Not so high that one cannot afford to buy, however.
Saturday, June 12, 2010
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Land is a precious commodity. It is the best buy these days. There are a number of great deals out there. Now is the time to buy, but savvy buyers know that the bottom has not hit. Real Estate, as you know is cyclical and we are currently experiencing a slight decline; sluggish if you will. But this too shall pass. I will post interesting tidbits about the real estate market and how we are affected by it.
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