Financial Markets Woes May Bode Well For Real Estate
September 15, 2008 by Perry Corneau · Leave a Comment
The financial market uncertainty as typified by recent bank failings, sale of Merrill Lynch and bankruptcy of Lehman Brothers may send some investors back into real estate investments. Great deals can be had in the real estate market right now and the trouble in the financial markets are exerting some downward pressure on mortgage interest rates which are presently at 5.75% for a 30 year fixed conventional loan.
Real Estate Broker and owner of Corneau & Associates International Realty.
I have lived in Sarasota for most of my life and have been a real estate broker in Sarasota since 1988. I am blessed to have the love of my wife Opal and our two daughters, Katie and Victoria. I can be reached on my direct line at 941-650-4626.