Beltran Properties

A lot has been happening in our industry this month. Feds have structured bailouts for the economy.They speak of $700 Billion. The economy (stock market) has responded, foreign investors are investing, and interest rates are forcasted to drop. All this according to the National Association of Realtors, and the California Association of Realtors. This is good news for us all, a light at the end of the tunnel. Now with the Feds in control, let's hope that light is not a train.

There is a lot of legalese and financialese being passed onto us, mostly beyond our understanding. But the short version is as follows: If the world inverstors see us as risky, then they do not invest. We need foreign investments to keep our economy strong. If the investors buy our stocks, then money starts to flow in the form of loans. Loans keep money flowing and the economy grows. 

Economist Lawrence Yin stated it as "unclogging the financial pipelines...movement of capital...the very essence of capitalism-of allocating capital to its most productive use"

He also said in reference to highly paid executives, " I will defend the $700 billion bailout to help stabilize the housing market and economy, but not the golden parachutes of fallen Wall Street."

This bailout will be confusing, so be sure to deal with a trusted Realtor in any transaction or refi-restructure, and as always-ask questions.