Bear Sterns was bailed out of trouble by the Federal government and rival bank JPMorgan Chase. This morning's move comes on the heels of last week's announcement by the Fed that it will provide as much as $200 billion in loans to banks and investment houses to try to alleviate market turmoil. In addition, inflation has been a recent topic of discussion. Recent reports show that the rate of inflation is actually lower than many were speculating. It appears that certain areas of our economy are doing well, just as certain areas of real estate are also performing better than many are aware.
Whether you are in the market for a foreclosure fixer or a mansion in Bel Air, I can not reiterate to you enough how important it is to do your research and find quality representation. Please remmeber to qualify a Realtor as you would an attorney or a doctor.
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