Side Effect of Strong Rental Market, Miniscule Interest Rates For the vast majority of Sellers, threatening to rent if they can’t get their price is a bluff (see, “The Rental Bluff“). The exception to that? The owner of an older, dated home, with substantial equity, who doesn’t need the money for another home and isn’t about...Read More
The Link Between 0% Interest Rates, Spiking Gold When “risk-free” cash keeps paying a guaranteed loss, then a growing number of people will, in due course, start seeking shelter elsewhere. –“What The Economist Doesn’t Know About Gold”; Seeking Alpha (6/29/2010) The above quote is from the best piece I’ve seen yet explaining why gold is...Read More
Home for Sale — Batteries (& Owner) Not IncludedProspective home Buyers seem to attach a lot of significance to Sellers’ motivation (financial distress? Job transfer? Divorce? etc.). Realtors, not so much. For one thing, the three pieces of information a good Realtor is never going to tell you — at least not without authorization —...Read More
