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Interest Rate and Economic Growth Predictions

by Liz Warren

 

Wonder what will happen with interest rates for the rest of the year and into 2009? Check out this chart for the NAR, National Association of Realtor's, and Freddie Macs predictions for the rest of 2008 and into 2009. Interest rates are still fantastic so it is a great time to buy.

 

Here are NAR's predictions for economic growth through 2009. See Chart Below--As far as real estate goes in the Mt. Hood area, Welches, Rhododendron, and Government Camp, things should be staying pretty much the same in our area as far as market conditions are concerned unless credit loosens up. Do I think that will happen soon? Honestly, no I don't.

Yes, there was a bill passed to help first time home buyers to receive a tax credit to help get them into homes. Unfortunately, most first time home-buyers are not starting out in our area due to commute and gas prices so this will not have an impact from what I can tell.

 

Monday Morning Coffee: Inspiration For Today

by Liz Warren

INSPIRATION FOR TODAY:

"It's OK to build castles in the air . . .
so long as you build a firm foundation under them."
 

~ Henry David Thoreau

WANT TO ACCOMPLISH SOMETHING REALLY GREAT?

Ever dream of becoming a U.S. Senator? Want to become an anonymous benefactor of youth programs in your community? Want to rise to the top 1% of your profession? Inspirational artist D. Morgan puts it this way: "The impossible dream . . . isn't!"

So - how do dreams become reality? Once your dream becomes your passion, you can begin building the foundation that will support the eventual structure of your dream. Begin by reading and studying how others have achieved similar dreams.

For politicians-to-be, there are plenty of biographies that reveal the long road to election. For those who aspire to achieve peak earnings, mentors are plentiful. Hang out with, attend courses with, and "shadow" the real stars in your chosen field. Ask how they began their rise, how they blend their work and family, how they attract and retain clients and customers.

In most cases, you will find that the models you choose have also made hard choices. They have first adopted certain principles upon which their decisions are made. Their actions are congruent with those principles. They are not duplicitous in their dealings with others. Their "word is their bond." Their foundational character sets the tone for the structure of their dreams.

Finally, with the foundation in place - they just build. They create plans, they implement strategies to achieve those plans. They understand that their final success does not occur in one fell swoop. It is the result of many footsteps in the direction of their dreams.

So . . . go ahead and dream! Remember - destiny is not a matter of chance . . . it's a matter of choice!

Mt. Hood Area Real Estate Appreciation Numbers!

by Liz Warren

 

The numbers are in for 2006. Take a look at the mountain's appreciation over the past thirteen years. National news doesn't sound good for the real estate markets but with steady numbers like these the Mt. Hood market is maintaining fairly well.

Naturally there are market segments which can be taken out of these figures to give a more realistic picture of true appreciation but on the whole, we are maintaining very well compared to other areas rampant with foreclosures and pricing pressures bringinig values down.

How To Prevent Frozen Pipes!

by Liz Warren

Predictions are that we will hit the low 20's this evening so just a few tips on this link on how to prevent frozen and broken pipes: Hit this link: to get the low down and STAY WARM!

Displaying blog entries 1-4 of 4

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