Don't forget that SRS long position added to the trade list. By the way, even with the inventory on the market, it took us 4 months to find a place we wanted to cal home. We saw some places that were beautiful, Spanish Mission homes built in 1925, but you have to spend 50% of the purchase price to put the house back together. Prices are lower, but they aren't always reasonable.
Add to that the time it takes to get a short sale approved, and that's what's mostly out there. No one wants to bother with them, there's too much hassle and I perceive risk.
ARTICLE FROM S&P
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
1 comment:
SLV update please as it blew through my 27.25 alert. Thanks. Rumor is that the COMEX might not be able to deliver required contracts and is currently under reporting delivery requests to try and keep it under wraps.
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