Friday, April 21, 2006

"Not Your Father's Housing Market"

From Safehaven.com

"This week, as mortgage rates rose to their highest level in more than four years, real estate insiders reassured the public that higher interest rates would not hurt the housing market. Their claims were based on the fact that even though rates had risen, they never-the-less remain low in historic terms. While this may be true, it is completely irrelevant to today's historically unprecedented real estate market."


Full article...

8 Comments:

Anonymous Anonymous said...

I read the whole article - very interesting.
We'll see which predictions come true.

Friday, April 21, 2006 9:19:00 PM  
Anonymous mrdenis said...

there is one fact that is left out of this housing market ,I am seeing a lot of new foreign buyers of homes ,with there new wealth I don't believe they are as squeezed as our middle class.while were buying there oil at $75.00 a bbl there buying our land at a 50% discount .....we better get used to it

Saturday, April 22, 2006 10:18:00 AM  
Anonymous Anonymous said...

A 50% discount to what?

Saturday, April 22, 2006 12:30:00 PM  
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Sunday, April 23, 2006 12:47:00 AM  
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Sunday, April 23, 2006 1:37:00 AM  
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Monday, April 24, 2006 12:07:00 AM  
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Monday, April 24, 2006 9:15:00 AM  
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Monday, May 15, 2006 6:02:00 PM  

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