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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: crdesign who wrote (3519)3/1/2003 3:28:48 PM
From: loantech  Read Replies (1) of 5423
 
jim/crd
Softening of prices depend on what levels of price. Homes in the 350,000+ range are weakening. Homes in the 200,000 range and less are still firm with some pockets of weakness even then. But demand is fine in the Seattle and Portland areas are ok. But maybe a Realtor should chime in???????? The Fed and banks are goosing things well though as I work in the loan end of things and 15 year terms are creeping to under 5.00% and a Fixed 30 year amortized for 30 due in 7 can be had in the very low 4.00 range. That is cheap money for 7 years.
Tom
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