The Real Estate industry is an ever-evolving entity in our time. Keeping up with it's fluctuations can be intimidating. Let's keep ourselves informed!

Wednesday, September 19, 2007

Fed's Cut interest rate by 1/2 point.

Still, some real estate watchers believe the cut will bring a welcome boost to the sluggish housing market. Eli Dreszer, of Miami housing developer mFm Construction, said in a statement that ``the combination of low prices and historically low interest rates should be a signal for home buyers to get off the fence.''

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