On February 27, 2007, the stock market plunged by over 400 points. What effect will this dramatic stock-market drop have on the housing market? To answer that question, we must first decipher what caused the plunge. It was widely reported that the plunge was caused by China’s market drop of 9% earlier in the day. [...]
Archive for March, 2007
Greenspan watch
Posted in Mortgage News, Real Estate News, Uncategorized on March 26, 2007 | No Comments »
Things coming up this week that affect housing and rates
Posted in Mortgage News, Real Estate News on March 26, 2007 | No Comments »
This week will have many important econonomic reports for the markets to digest. The biggest news may be the final revision to the 2006 GDP numbers. After the 4th Quarter dropped from 3.5% to 2.2% and no further revision expected, an upward revision would support the theory that the economy is moving forward and a [...]
May We Suggest You Change Your Locks
Posted in Home Safety on March 23, 2007 | No Comments »
May we suggest you change the locks…
If you have just purchased a new home, we suggest changing your locks?
Did you change the locks?
Probably not, you got the keys and the code for the garage door from the previous owners. Most likely, the sellers gave keys to their pet-sitter or even the old boyfriend or [...]
Surprise, surprise!
Posted in Home Buyers, Home Sellers, Real Estate News on March 23, 2007 | No Comments »
No matter what the Los Angeles Times says, the real estate sky is not falling.
While there are certainly areas of concern, they have been sensationalized (in our opinion). Crisis certainly looks better in a headline than ‘maybe we were wrong’ but we aren’t going to hold our breath to see that one in the [...]
Is your home safe???
Posted in Home Safety on March 23, 2007 | 1 Comment »
So you think your home is safe?? Check out this video. You may learn some valuable lessons.
The Legal Stuff
Posted in The Legal Stuff on March 1, 2007 | No Comments »
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The information contained in this web site, along with the other resources offered such as the blogs and e-zines are deemed to be reliable. While every effort is made to assure that the information offered is as accurate as possible, Richard & Kirsten Powell disclaim any implied warranty or representation about its accuracy, completeness or [...]
