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Carmen and Jeff Bills

Stocks way down/What do you think this means for Real Estate?

By: Carmen and Jeff Bills
Wednesday, February 28, 2007 9:46 AM

By now you all know that the stock market took a major hit yesterday, down about 3% in value. There is already some talk that the fed will lower interest rates at one of he upcoming meetings. What I want to know is what do you think the stock dip  will do to the real estate market. Will it be good, bad or ugly? We have started to see our market rebound with more activity over the last couple of months. I'm hoping it might be a good sign as investors start to look a bit more favorable on long term real estate investing, thus giving us a further boost. I do not think we will see the fed lower rates, but if we all give it a bit of wishful thinking maybe it will happen and that would be a great thing the real estate market as a whole.
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Comments

Team Stevens
Member Since '03

Team Stevens said:

I think it remains to be seen what will happen but obviously people like you and I think it could help investors so hopefully investors are feeling the same vibe.  If interest rates do dip then this is great but I agree with you, we ill just have to wait and see.  

Anytime the stock market takes a hit it is time to buy real estate but the market always recovers so I think that we just have to hope the buyers will do what they think is best for them.

Hopefully it will be good for all in the real estate game but I guess as always with the market we will just have to wait and see.

February 28, 2007 9:37 AM

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Carmen and Jeff Bills
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