Reading the Wells Fargo Securities report for February 5th, I quote; “For us, the trends are clear. Economic growth will continue, inflation will rise and the Federal Reserve, at some point, will begin to withdraw liquidity from the capital markets…This week President Dudley of the New York Fed mentioned that the Fed may reinsert itself…
Economic Forecast.2.12.10. I uploaded this from Wells Fargo Securities Report. There are some items in here that you may want to take note of. Such as housing starts is starting to show it’s rebound as predicted. Home prices will finish their bottoming out in 2010. Home sales will show signs of recovery in 2010. Interest…
In the city last year, we had 6 “good sales”. A “good sale” is one that is considered an arms length transaction between the buyer and the seller. The good sales are used in determining fair market value. Nothing earth shattering, but 6 good sales nonetheless. According to the city assessor, this is a duplicate…
Real estate got beat up a little last week in Obamas new 3.8 trillion dollar Obama Budget given to Congress last week. Obama again, is renewing his effort to reduce mortgage interest deductions by high income homeowners and to raise capital gains rates. The CHANGEs are significant and affect even the lowest of income earners…
