Monday, May 10, 2010

Thankfully, the Euro's appear to have put together a plan for Greece, Spain and Portugal so the Market looks better today, especially after the roller coaster ride last week. In real estate, despite the end to federal tax credit incentives, housing looks to have stabilized somewhat. The risk of continued decline in home values has substantially decreased in 93% of 384 metro area around the country. Many analysts think the housing market is sufficiently stable enough to stand on its own. Nonetheless, despite being in a 'growing' economy, rates remain at record lows as the Fed is trying to keep the moderate homes sales moving forward following the end of tax credits.

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