(Even) Lower Interest Rates vs. Weaker Economy “It’s too soon to tell.” –Chinese leader Mao Tse-tung, when asked — in 1948(!) — about the historical significance of the French Revolution. To accurately assess the potential effect of Brexit on the housing market, one must first identify and analyze the biggest variables. Here’s my take: Positives...Read More
Buy/Sell Now or Wait? With the November election finally(!) on the horizon, at least some Buyers and Sellers are trying to decide whether market conditions — and by market conditions, most observers mean interest rates — will be more or less favorable once U.S. voters have spoken. The dilemma: whether to act now or wait....Read More
Beleaguered Shareholders: “Stop the Merry Go Round, I Want to Get Off!” Are gyrating, crashing stocks good or bad for the housing market? Both. In fact, I see three positives and negatives apiece emerging from the recent market carnage. Positives Here are the pluses (yes, pluses): Weak equity markets forestall the Federal Reserve’s plan to...Read More
