Jeannie Niles Real Estate Investment

Interest rates going down?

Bill Gross, bond manager with PIMCO, feels the fed will lower interest rates substantially in the forthcoming year in order to put housing costs back in line with affordability. Yes, I know it can be boring reading, but give it a try.

He states the federal government completed a study in September 2005 that basically says a reduction in interest rates is better than home prices declining in the double digits. Check it out.

Understanding Statistical Info

We keep hearing how the foreclosure rate in California is 500%+ over 12 to 24 months ago. In 2005 and early 2006, foreclosures were practically non-existent in California.

Not to diminish the foreclosure issue and persons losing their homes, but when you have a very low basis in one period, percentages skyrocket! Make it your business to really understand “what the headlines mean.” Attention getting headlines sell newspapers/magazines!

I welcome any discussion/comments or other articles that you find of interest.

Blog Archives

To view all my blog posts, organized by year, click one of the following links:

Recent Posts
Favorite Posts
Ask Jeannie

Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.

Contact Jeannie

Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261

P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com

All content (c) 2005 - 2007, Jeannie Niles || ATOM - RSS
Real Estate Blogs - Blog Catalog Blog Directory Blog Directory & Search engine