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


To: Pogeu Mahone who wrote (120195)5/2/2008 11:06:44 AM
From: Jim McMannisRespond to of 306849
 
Desperate house sellers start swapping...

9news.com

AURORA - Thousands of homeowners are having a tough time selling their homes in our slow housing market. If you are one of them, there is something new you can try.

For years, many have switched homes temporarily for vacations. Today, a growing number are trading for good. It's called "House Swapping" and it's the hottest trend in real estate right now.
mo'



To: Pogeu Mahone who wrote (120195)5/2/2008 11:23:25 AM
From: Jim McMannisRespond to of 306849
 
Poole, Bies Say More Fed Rate Cuts Wouldn't Stem Slowdown Much

bloomberg.com

May 1 (Bloomberg) -- Former Federal Reserve officials William Poole and Susan Bies said it wouldn't be wise for policy makers to cut the benchmark U.S. interest rate below the current 2 percent.