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Old 01-20-2013, 09:39 PM   #8
Bimmer330cibro
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Join Date: Nov 2006
Location: Boz-Bank, Cali
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Quote:
Originally Posted by FadeToblack View Post
Fed has cut rates to 3%. Basically the payment you would of had on a 250k house 3 years a go gets you a 350k house today. 90% of buyers look at payment not actual home price when buying a home. Fed is going to keep rates low for years to come to try and get the RE market cranking again. Builders will start building, HUGE amounts of jobs will be created etc. The gov knows that a healthy/rising real estate market is one of the best creators or jobs.


will crash.
I am actually going into real estate very soon, and to be honest i have been saying the same exact things to people around me. Even my teacher, who has been in real estate/broker/mortgage broker business for over 40 years combined, said the market is very hot right now for houses around 350k. I am almost certain the prices are going to rise in near future(2-3 years). I just hope i can get my hands on some of it

Let me know if you guys want to buy a house in the next 6 months
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