Fed Chariman Ben Bernanke |
by Yvette Betancourt
As the end of the year comes near (according the Mayans, it's the end today), the Feds made the decision to continue to curb interest rates low as long as the unemployment rate remains above the 6.5 percent.
Sounds good right? but for how long?
Unemployment rate is estimated to drop below 6.5 until 2015 according the Feds. sounds like 2013 and 2014 will be a the best time to get into the market for buyers, sellers and real estate investors.
So as we anticipate the decision of the "Fiscal cliff," government is doing their best to make sure the 2012 real estate market gain will continue to grow into 2013 and beyond.
Source: AGBeat
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