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REAL ESTATE & MORTGAGE UPDATE, JANUARY 2009

The question remains as to whether the bottomed-out interest rate and printing more money for more lending programs will stabilize the housing market and stop the current trend of deflation. The answer may lie in how quickly the Fed reacts to future market dives as well as how effective the fiscal policies and legislation are of president-elect Barack Obama and the Democrat-majority Congress. To this point, however, no action has yet inspired a turning point to restore investor confidence and it is certainly hard to predict what type of policy might have that effect.

Paul Stillwaggon Paul Stillwaggon & Patricia Cornish
New Jersey Estates/ Weichert Realtors

55 Stirling Road
Watchung NJ 07069
email: njestates@gmail.com

New Jersey Estates/ Weichert Realtors

Phone:: 908-561-5492
Mobile:: 908-310-1358
New Jersey Estates/ Weichert Realtors
 
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Paul Stillwaggon & Patricia Cornish
New Jersey Estates/ Weichert Realtors
55 Stirling Road
Watchung NJ 07069

Equal Housing Opportunity

Phone: 908-561-5492

Mobile: 908-310-1358
E-Mail: njestates@gmail.com




New Jersey Estates/ Weichert Realtors




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Posted Tuesday Jan 13