Rate Sheet from 6.24.2010
The attached interest rate sheet was delivered to my office on June 24, 2010. I put it in my blog so that a couple of years from now we could go back and look at it. I can only say that this real estate environment is probably one of the best that we will see, maybe in our lifetime, for interest rates, product availability and prices.

Markets are led by the “herd”. Be advised that the best way to make money is to do the opposite of what the “herd” does. In other words, the masses are deleveraging, shoring up cash and selling their real estate. The opposite would be to leverage invest, buy real estate and move your cash into under-valued investments. (Disclaimer: Now I am not making investment advice here, each individual person has their own portfolio and personal needs to attend to. You must seek competent advice from a person qualified to analyze your own portfolio and personal financial situation before making any investment decision.) What I am saying is to look with your own eyes at where future opportunities lay. Think positive, there’s a lot of negativity out there. Watch where the herd is going, consider taking an alternate route. The “herd” may be headed for another cliff?

When the “herd” was buying everything and borrowing the money to do it, the opposite would have been to shore up cash and deleverage. Going into this recession with cash and little or no debt WAS the position to be in. Now look at the opportunities. So again, think and watch…and again be positive. This market is short-lived, there is a new market emerging. What will it look like? What will your position be in the new emerging market. It’s going to be very exciting.

Disclaimer: You must seek competent advice before making any investment decisions from a person qualified in that specialty area. This blog site is intended as a sounding board for those interested in the real estate market and the Alexandria market in particular. Markets can and do change, there are no guarantees, only risk. Be careful, have fun and pay attention. You can make a mistake, but they can never take away your birthday.