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The Ultimate Deal: Real Estate… I’m calling a bottom to the market

Along with Jim Cramer from Mad Money, I am personally calling a bottom on the real estate market for summer 2009.

Today’s Fed move basically is giving everyone a ~4% 30 yr fixed mortgage. Mortgage is either less or equal to rent in a lot of the markets.

Additionally, people will be refinancing, stimulating end consumer spending, driving overall economy. Confidence will increase. Home prices will stabilize/increase.

Yup, I’m using this blog to make a bottom call on real estate, and proclaiming it as the ultimate deal of the year.

This entry was posted on Wednesday, March 18th, 2009 at 7:55 pm and is filed under Economy, Ramblings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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