The Fed released it’s Survey of Consumer Finances on Monday which showed a tremendous drop in net worth for American households. The Median net worth of families in 2010 was $77,300 compared to $126,400 in 2007. This represents a nearly 40% decline in just 3 short years. As you may have guessed it, the collapse […]
Fed Vows To Keep Interest Rates Low
August 10, 2011 by
In an unprecendented move yesterday, the Federal Reserve anounced it planned on maintaining the historically low interest rates for a period of 22 months as the global economy teeters in and out of a double dip recession. This news is of particular significance since the major push from economists and real estate entities such as […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
