Real Estate Tips
Multiple offers in a down real estate market? What’s up with that?
Multiple offers in a down real estate market do not make sense to inexperienced buyers. When real estate was flying off the shelves in the mid 2000′s we were all accustomed to multiple offers and strong competition for the homes we hoped to purchase. We expected competition, and worked hard on our strategies to beat… Read More
US Treasury to Sell off Mortgage Backed Securities
During the mortgage crisis, the US Department of the Treasury purchased approximately 144 billion dollars worth of mortgage backed securities to help stabalize the mortgage markets. Mortgage Backed Security prices dropped 50 basis points this morning on the news that the Treasury Department is going to systematically sell-off it’s holdings of MBS’s purchased in 2008… Read More
