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Pastimes : Home on the range where the buffalo roam
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To: Stoctrash who wrote (2033)5/30/2000 3:12:00 PM
From: MulhollandDrive  Read Replies (1) of 13572
 
Fred,

I agree with your last point. There's the potential for a spurt of "last minute" buyers trying to get in before the next hike. Additionally, teenagers are getting good wages from summer jobs, so that could add fuel to the retail sales. I heard that the durable goods might be lower due to higher rates,but you could never prove it by going into our local Home Depot's, Lowe's, etc...The lots are always jam packed. I'm in the process of selling one of my rental properties and my agent told me that it's still a "sellers market" but it may be topping out.

bp
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