VikeSellsRedmond.com
Vike H., Broker Associate
16261 Redmond Way Redmond, WA 98052 | Direct: 206-501-5165 | Office: 425-883-0088 | Email: VikeH@Windermere.com
Fed Cuts Again - Future Unclear
Posted on April 30, 2008
What does it mean to you? The Federal Reserve cut interest rates today for the seventh straight time since September of last year. Many experts believe that the Fed is done cutting interest rates and will begin a new watch-and-wait policy. This new policy is due – in part – to the fact that the first Stimulus Act rebate checks are hitting millions of mailboxes this week. The Fed hopes this money gives a boost in the arm to the economy.
Post a Comment : Author: Vike Haghnazarian
Economic Report for the First Quarter of 2008
Posted on April 4, 2008
Consumer spending rose 0.1% in February, while personal income rose 0.5%. The University of Michigan consumer confidence reading fell to 69.5 in March compared to February's reading of 70.8. .
Post a Comment : Author: Vike Haghnazarian
Foreclosure Facts
Posted on April 1, 2008
Most buyers, when stopping by my open houses have two major worries and concerns: high prices and terrified of foreclosures nationwide.
Post a Comment : Author: Vike Haghnazarian
Are You a Buyer on the Fence Wondering, To Buy or To Wait?
Posted on March 26, 2008
Are you one of those buyers who seems to have the "wait and see" attitude when it comes to making a decision as to whether to buy a new home now or wait until next year? If you are, then this is a "must read" article for you.
Post a Comment : Author: Vike Haghnazarian
Current ARM Indexes: A 10-Year Comparison
Posted on March 25, 2008
I would like to invite you to explore the new enclosed 10-year ARM comparison interest rate chart below. This chart puts into perspective the journey of the interest rates in the past decade.
Post a Comment : Author: Vike Haghnazarian
Things Every Buyer Should Know in Advance
Posted on March 21, 2008
Q. Should I call the listing agent when I see a home I like?
A. This is the first thing that most buyers (over 95%) think of when they see a house they like. Since majority of people don't know or have a trusted agent on hand as a mentor that can inform them on a regular basis and represent them as need be, their only recourse is to contact the person whose name and number appears on the sign post, even though they have no clue who this person is. That is fine if you are not ready to buy, which most people at this stage aren't prepared to buy a home. Being Prepared is the magic word in any endeavor, even in real estate.
A. This is the first thing that most buyers (over 95%) think of when they see a house they like. Since majority of people don't know or have a trusted agent on hand as a mentor that can inform them on a regular basis and represent them as need be, their only recourse is to contact the person whose name and number appears on the sign post, even though they have no clue who this person is. That is fine if you are not ready to buy, which most people at this stage aren't prepared to buy a home. Being Prepared is the magic word in any endeavor, even in real estate.
Post a Comment : Author: Vike Haghnazarian
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