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


To: MulhollandDrive who wrote (82275)7/28/2007 12:44:31 AM
From: Live2SailRead Replies (1) | Respond to of 306849
 
I'm sure this is subject to change, but...

Tony Crescenzi
Rate Cut Odds Jump
7/27/2007 4:15 PM EDT
With this late drop in stocks, the bond market is now priced for 100% odds of a Fed rate cut at year's end, the first time it has been priced as such since May 2. A week ago, the odds were put at 36%.

The earliest that the market sees a cut is at the Oct. 31 FOMC meeting, three meetings from the present time, placing rate cut odds at 62%, up from 16% last week.



To: MulhollandDrive who wrote (82275)7/28/2007 8:28:14 AM
From: GraceZRead Replies (1) | Respond to of 306849
 
We never hire anyone and always do the work ourselves so I can relate to their budget (helps that my husband is in construction). We're completely renovating our kitchen right now. We're hanging sheet rock on the ceiling today, oh boy! I won't have to do my upper body workout.

I do count up the labor they aren't including. What amazes me is the easy fixes that simply involve stuff the people could have easily done themselves (window treatments and paint) but just never thought about doing. I think people get used to living with crap that really sticks out to someone coming in fresh.