Image via Wikipedia Image via Wikipedia As long as I have been in the real estate business, I have been told that real estate is an economic leader. We are first in and we are first out. A cliche that has been true in every recession I have experienced. You’ll remember that residential real estate […]
Entries from May 2009
Is the Philadelphia Real Estate Market Recovering?
May 12th, 2009 · Comments Off on Is the Philadelphia Real Estate Market Recovering?
Tags: Economy · Local · New Jersey · Pennsylvania · Real Estate
How Swine Flu Helps Mortgage Rates
May 1st, 2009 · Comments Off on How Swine Flu Helps Mortgage Rates
Monday, mortgage markets improved with news of new Swine Flu cases. It’s a classic example of Safe Haven buying and today’s rate shoppers will see the benefits. Mortgage rates improved about 0.125 percent Monday. It’s not an official term, but “Safe Haven buying” describes the trading patterns in which large numbers of investors move money […]
Tags: Economy · Mortgage Lending · Real Estate