July 16, 2024

housing marketEconomist James Bianco commenting on the 1/2 point Fed interest rate cut said: "We're not out of the woods yet, at least in the real-estate market nationally."

Bianco feels that mortgage rates may not fall much, and the number of houses on the market will grow. So too will foreclosures.[tags] foreclosures, home foreclosures, interest rates, San Diego housing market[/tags] San Diego condominiums

4 thoughts on “Economists Says . . . We’re not out of the woods yet!

Comments are closed.