by Phyllis Rockower | Sep 15, 2012 | Economic News, Real Estate News
In an effort to boost the housing market, the federal reserve has taken a new and unusual step. Instead of merely buying treasury bonds to lower mortgage rates, it is now going to buy mortgage backed securities. You know them- the toxic ones that caused the problem in...
by Phyllis Rockower | Aug 22, 2012 | Housing News, Uncategorized
Not only are housing prices up, but there are other signs as well. Read the article
by Phyllis Rockower | Jul 1, 2012 | Economic News
I have been saying for the past year that the market downturn is over and we are skiring along the bottom. Now the media is catching on. One of my my favoite commentators is FAreed Zakaria who hosts a Sunday am show called gps. I recommend him. Here is a quote from...
by Phyllis Rockower | Apr 12, 2012 | Housing News
Wow- 6% increase in 2011 and 10% expected over the next 2 years. It makes a landlord’s mouth water. Because of rising jobs, more people having to rent, and little construction, the rental market is soaring. Because of this situation, more rentals are going to look at...
by Phyllis Rockower | Feb 6, 2012 | Economic News, Phyllis Says, Real Estate News
I have the benefit of time. I have seen this happen time and time again. A beaten down area makes a big recovery and creates the next set of millionaires. In the 1990′s it was Texas. When i went on a road trip across the country i could have bought gulf front homes...
