This article is worth a read. From the WSJ online- apparently, the Bush Administration and major financial institutions are working on a plan to freeze the interest rates on certain subprime adjustable loans, to slow the foreclosure rate.
Is it Just Because I am In the Business?
Is it just because I am in the real estate business that every time I read a news article, there is something negative about the real estate market? It seems that the so-called real estate slump dominates the doom and gloom news, with blogs such as Real Estate Doom , the venerable Wall Street Journal […]
Home Value Appreciation
I just came across MSN’s Money Central article on home value appreciation and thought, once again, about the stability of the Memphis market, which has been marked by steady slow growth. Lets face it, we are not San Francisco, or NYC, or even Flint, MI. Even though its pretty hard to read the Commercial Appeal […]
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