Witnessing the senseless filibustering by Sen Ted Cruz in Washington, reminds me of Julius Caesar - fiddling while Rome burned. Our nation faces a major crisis and all our nations leaders can do is political posturing. Throw the rascals out! Unfortunately, it is we who elected them to represent us, so we are to blame.
It is easy to be sucked into this vortex so I would advise everyone to look past these games and focus on the underlying trend in the Housing market, Stock market, Job market and take advantage of this brief breather before the next climb up. We will somehow muddle through the Govt running out of money(we've been there before), the increased debt limit, the possibility of Fed tapering their bond buying, and things will settle back to "normal".
Those who can look past these games, will be able to reap great rewards by taking advantage of the pull back in mortgage interest rates and the increase in new listings of houses for sale. So now is the time to buy and enjoy the renewed price appreciation which will occur by early next year.
Bricks and Mortar (Housing) is always a good hedge against inflation which I am afraid is certain to come by the end of next year, as a consequence of the excess liquidity that the QEs have caused over the past 2 years. A nation cannot print an endless amount of money without devaluing its currency, which in turn will drive up interest rates, the cost of living and spark inflation of around 5%.
Further thoughts see National Association of Realtor articles
It is easy to be sucked into this vortex so I would advise everyone to look past these games and focus on the underlying trend in the Housing market, Stock market, Job market and take advantage of this brief breather before the next climb up. We will somehow muddle through the Govt running out of money(we've been there before), the increased debt limit, the possibility of Fed tapering their bond buying, and things will settle back to "normal".
Those who can look past these games, will be able to reap great rewards by taking advantage of the pull back in mortgage interest rates and the increase in new listings of houses for sale. So now is the time to buy and enjoy the renewed price appreciation which will occur by early next year.
Bricks and Mortar (Housing) is always a good hedge against inflation which I am afraid is certain to come by the end of next year, as a consequence of the excess liquidity that the QEs have caused over the past 2 years. A nation cannot print an endless amount of money without devaluing its currency, which in turn will drive up interest rates, the cost of living and spark inflation of around 5%.
Further thoughts see National Association of Realtor articles
Last train is leaving for Great Times Ahead!
Don't miss the train
