Friday, September 14, 2007

Update

In case any of you wanted an update on my real estate situation, here it is:

(sound of crickets chirping)

Ok, basically the markets gone up slightly in the neighborhood of the house I tried to sell earlier this year, and down slightly in the neighborhood of the house I tried to sell last year. This is actually alright, since I'd rather get rid of the house I tried to sell this year anyway.

Mortgage rates are dropping, and the hot rumor (or rumour) is that Bernanke is going to drop the federal funds rate this month, which would obviously lower the mortgage rates even more and, hopefully, inspire some kind of confidence in a rebound.

But, other than that, things still suck, and I'm still just waiting. Stupid real estate.

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