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July 24, 2007
Dear Property Owners,
To offer some perspective on the current rising interest rates situation, I recently ran across a flyer from 1981 that shows interest rates on FHA-VA loans of 16.5% with 6.5 points. Maybe 6.5% isn’t so bad after all?!
There is no way to deny that interest rate concerns are a hot topic in real estate markets across the country. An economic outlook from Paul L. Kasriel, Senior Vice President & Director of Economic Research, The Northern Trust Company offers that if the Federal Reserve begins lowering the federal funds rate early in Q4, then 2008 could see an economic rebound.Read Kasriel’s outlook for the second half of 2007 and into 2008:
Second Quarter Rebound, Third Quarter Relapse, Fourth Quarter Rate Cut from Financial Sense: Uncommon News & Views for the Wise Investor (July 10, 2007).
Download the July 16, 2007 SVN property listings.
Download the July 9, 2007 SVN property listings.
If you or anyone you know is seeking advice regarding his or her property or the commercial market in general, please give me a call.
Continued Success!!
Pete Chrzaszcz (Shunz)
Advisor, Broker
Sperry Van Ness - CRG Investments
925-719-3569 cell
If you don't already know about the Sperry Van Ness difference, ask me. You'll be glad we met!
Sperry Van Ness
Sperry Van Ness - CRG Investments
415-464-2404 direct
415-464-8993 office fax
1100 Larkspur Landing Circle, Suite 170
Larkspur, CA 94939
