The Informed Homeowner December 2008
The Holidays are upon us. We need to be thankful for our families and friends, and stop listening to the news with a fine tooth comb. The news will print what will shock and get listeners. They do not print reality, and common sense. The common sense is that the stock market goes up and down. It can be artificially manipulated by savy investors with enough clout and stocks. They will buy and sell and make millions of dollars and cause the market to go up or down, which ever benefits their stock position. For example: they can sell and cause the value to drop, then buy it back, causing it to rise, then sell for a profit! Up. Down. Up. Down.
And in real estate, the investors are again benefitting. Since the values appear to be at bottom, investors are picking up property at pre 2000 values, and renting at 2010 prices.
If you are a first time buyer, or have not owned for two years, there are some wonderful plans and loan packages out there. Keep in mind: no bankrupts, low debt ratios, and some savings, and you too can get in on the market.
Being more busy since two septembers ago, indicates good news, and I am thankful.
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