Once again, the Feds dropped interest rates another 0.75% today.
The U.S. credit crunch has sent financial markets swaying and stock prices to some new record lows. But the Federal Government’s priority has clearly become a balancing act to heal the nation’s real estate markets, which have been in recession for more than a year through most of the country, while simultaneously aid the financial markets. But the shift has clearly occurred as the nation’s economy has worsened away from real estate and into the overall economy. [Read more…]
The summer of 2005 saw the dreams of hundreds of thousands of American people destroyed when Hurricanes Katrina and Rita hit the Gulf Coast. These hurricanes destroyed homes, stole lives and wiped out entire communities in Alabama, Louisiana and Mississippi.
Everyone would be a millionaire if real estate investing were 100% risk free. No one would have any reason not to invest. Only those real estate investors who are not afraid to face risks and know how to deal with them will be successful in real estate investing. If you want this to be you, take a little time to learn the risks involved with investing in real estate.
