by Phyllis Rockower | Jun 22, 2012 | Real Estate News, Real Estate News Posts
It’s now at 3.66 for a 30 year fixed and under 3 for a 5 yr fixed. Who wants to do this with me? Hold for 5 years and then sell. By then, the real estate market will have picked up. read the...
by Phyllis Rockower | Jun 13, 2012 | Housing News, Phyllis Says, Real Estate News
Can you believe it? After years of bulging inventory of reos, the days on market has shrunk to an amazing 33 in L.A. Because of several reasons: Interest rates so low makes for a positive cash flow situation for buy and hold Upside down home owners not putting houses...
by Phyllis Rockower | May 6, 2012 | Housing News, Real Estate News
Buying and holding for cash flow is a no-brainer. Between foreclosure victims, tough mtg guidelines, young workers, and more people getting jobs,it’s now cheaper to own than rent. AND IT’S GOING TO GET WORSE. Folks, i am pleading with you. THIS IS THE BEST TIME TO...
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...
by Phyllis Rockower | Mar 17, 2012 | Economic News, Real Estate News
I have been saying this for awhile. People have become too accustomed to low interest rates and think this is the norm. Those of us who have been around know this is not so. Don’t get used to it. This is a great article about what it will do to the real estate market....
