There are no easy solutions to the sluggish real estate market, team leader Carl Medford writes, and he does not believe slashing interest rates will have the desired effect.
Source: Inman News
History proves it: Low interest rates are not a cure-all for real estate ills
Published in adjustable-rate mortgages, affordability gap, Agent, Banking & Lending, Brokerage, capital gains tax, carl medford, Columns, debt-to-income ratio, downpayment, effect of low interest rates, fed, federal reserve, foreclosure, Home Price Inflation, homeowners insurance, homeownership, housing bubble, housing inventory, housing market, interest rate adjustments, interest rates, Lending & Mortgage, low interest rates, Markets & Economy, mortgage rates, Opinion, Select, service, short sales, speculation, teams, the medford team and Yogi Berra
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