http://www.newhomesspace.com/wordpress Advice From The Voice and Experience of a Real Estate CEO and Licensed Investment Advisor Wed, 23 Jan 2008 03:11:17 +0000 http://backend.userland.com/rss092 en Today's rate cut of 3/4% came sooner than expected---but is still not enough.   With the 2 yr note now down to 2.05%---the Fed will now need to get down to 2%--or lower.   The question is--how--and how soon---as well as---will they ever get ahead of the curve will all of its implications.   The cut ... http://www.newhomesspace.com/wordpress/?p=7 While the newspapers and pundits continue to discuss and hypothesize on whether we could go in to a recession----we not only already IN a recession, but probably mid-way through the recession. Typically, recessions are reported after they are finished and are backwards-looking. I believe that when the capital markets froze ... http://www.newhomesspace.com/wordpress/?p=6 In the last year, M3 has been growing by approximately 15%. This is a basic measure of money supply and liquidity---and this is huge. While the focus has been on the Federal Reserve and how much they will/would drop interest rates to help the real estate market and general economy---what's ... http://www.newhomesspace.com/wordpress/?p=5 It is becoming apparent that the Fed will lower 1/2% on Tuesday. There would have been no other reason for the Kohn and Bernanke speeches last week. The 2 yr note is down to 2.97----while the 10 yr bond has risen in yield to 3.99% from 3.85%. I think it is ... http://www.newhomesspace.com/wordpress/?p=4 With the Federal Reserve meeting again this week, it is now time to update our market expectations.   As many of you know, I have been expecting a major move down in interest rates, caused by the biggest housing decline since the Great Depression. While many pundits on television have been talking ... http://www.newhomesspace.com/wordpress/?p=3