Posted on Monday, January 16, 2012
According to CNBC three days ago we (that is all things real estate) may be looking at a little help. They report “Federal Reserve officials are seriously considering giving the US economy—and especially the housing market—an added jolt with more quantitative easing.Fed officials are likely to discuss such a move at their Jan. 24-25 meeting … “
Nice. Always appreciate help. I hope this does not add to our national debt woes but let’s see what the program turns out to be – if it shows up.
Here in Naples real estate inventory is down, prices are up but we could use a little boost in financing programs (not so much that we cause the old problems thank you!) and maybe some help to sell existing homes – especially to homeowners who trying to play by their original agreements to repay their lenders.
So. let’s earmark mid next week and see what appears on the national program agenda from the Federal Reserve.
No legal or investment advice or suggestions are being given in this Blog. Actual real estate price and sales results are subject to market forces and are not completely predictable. Please consult a lawyer or investment advisor for such legal and investment advice. The writings of this Blog are intended for the sole use of our clients.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA
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