Real Estate Insight for the Carolina Lake and Mountain Region

Archive for January, 2009

Rates Rise after Fed Meeting

Friday, January 30th, 2009 Posted in Real Estate Commentary | No Comments »

Mortgage rates held steady during the first half of the week, until Wednesday's Fed meeting. As expected, the target for the Fed Funds rate remained unchanged, close to a level of zero. Heading into the announcement, the biggest question for ...

Cheap money for real estate

Wednesday, January 28th, 2009 Posted in Real Estate Commentary | No Comments »

Many buyers lack the confidence today to make a real estate purchase.  My feeling is that buyers would rather know we've hit bottom and are on the way up then still on the way down.  As a result, those buyers will ...