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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bozwood who wrote (3683)7/30/2002 12:38:13 PM
From: Jim McMannisRespond to of 306849
 
RE:"In addition to low rates and much easy money, IMO. Saw a commercial recently that offers 1.99% for the first year and a max over the term of the loan of 6.99%."

Yes, the RE market is the beneficiary of an otherwise weak economy. Rates can't back up soon so RE prices continue to feast. Congress needs to act now and level the tax playing field but they won't. They don't get it.