by Phyllis Rockower | Mar 9, 2012 | Phyllis Says, Real Estate News
Prices are as low as they were 10 years ago. Rents are much higher and interest rates are much lower. This is the best time for cash flow. Just as the perfect storm for a downturn was in place in 2005, the perfect storm for an upturn is NOW!!!!! CA. unemployment just...
by Phyllis Rockower | Mar 1, 2012 | Economic News, Housing News, Real Estate News
This could be a game changer. As you know, we are up to our eyeballs in debt and the only way we stay afloat is buying / selling debt-i.e. treasury securities. WE MUST SELL THESE. If China is buying less, than how do we make up the slack? Easy- make them more...
by Phyllis Rockower | Jan 29, 2012 | Economic News, Housing News, Real Estate News
I read an article yesterday that said home owners are getting more help. It also said that the program will include investors. I have no idea what that means but they need to get investors involved and make it easier for them. The govt is also going to increase...