by Phyllis Rockower | Jun 1, 2013 | Uncategorized
Rates are slowly drifting upward. They have risen ½ % point since the lows of last fall. People have gotten too used to low rates and don’t get that this is historic and not normal. The federal reserve has been artificially keep in g interest rates low by buying up 10...
by Phyllis Rockower | Mar 24, 2013 | Uncategorized
Time is the one thing that you can’t get back and is severely limited. Real estate is a business that takes time, like any business, and you have to treat it like such if you want to succeed. Follow up is sooooo important. You need to keep track of every lead; where...
by Phyllis Rockower | Aug 27, 2012 | Real Estate News
As if it was not bad enough that the mls is rigged, the appraisal system is also. We have been hearing for a long time that deals are falling through because of low appraisals. Now the consumer protection bureau wants to get involved. They want it to be law that you...
by Phyllis Rockower | Jun 12, 2012 | Housing News, Phyllis Says, Real Estate News
A few years ago i told you that Detroit was a steal. You could have purchased houses for $1000. Everyone wrote it off but i know better. Experience has told me that things come back. I knew the auto industry would come back. The govt would not let it fail. There...
by Phyllis Rockower | Apr 9, 2012 | Economic News, Housing News, Real Estate News
The fed was buying up a lot of treasury bonds but have now stopped. They were artificially keeping interest rates low- in short- printing money. So if you have not purchased your own house, DO IT NOW!!! It’s also a good time to load up on as many houses as you can...
