Want to know a Secret about what the Federal Reserve is thinking?Did you know that on January 25th the Fed will begin to publish their predictions about interest rates? From the “Daily Real Estate News” at Realtor.org, “Beginning Jan. 25, the Federal Reserve will start to publish a forecast four times a year that includes predictions about the direction of short-term interest rates, The New York Times reports. The report will include a summary of how long the Fed expects to keep short-term rates at current levels.” You can read the rest of the story here So now you have a new tool to help you decide when you’re buying or selling Palos Verdes real estate. And now that interest rates are so low, what a great time to own a dream home in the Lower Lunada Bay area of Palos Verdes Estates… This is a piece of Palos Verdes real estate to be cherished a lifetime! |
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