1.5% in Really Big Type is Still . . . 1.5%Just a heads up to whoever writes the marketing copy for banks advertising “fat” interest rates on their saving deposits, CD’s, etc.: 1.5% in really big type is still just 1.5%. And it doesn’t matter how pleased the actors in the ads look.Read More
Guess Which Day Not to Close?? How much of the strength in the lower end of the housing market is due to the $8,000 tax credit being dangled by the government? The credit, available to first-time home buyers, expires Nov. 30. We’ll see in the next 30-60 days. That’s because anyone who wants to close...Read More
Presenting Offers Old-time Realtors — my definition is anyone in the business before there were faxes — may not know how to twitter or blog, but there is one skill that they excel at relative to newer Realtors: presenting offers. Once upon a time, Buyer’s agents would actually meet the Seller and their agent to...Read More
The Fed and Interest Rates If you follow markets — stocks, housing, you name it — two things catch your attention: too volatile, and too calm. The former is usually associated with rapidly changing, “macro” events that the markets are struggling to make sense of; the latter, somebody’s got their “hand on the scale” (at...Read More
