The Federal Reserve just lowered the Discount Rate and the Federal Funds Rate by 3/4% a week before they meet. I expect another cut around 1/2% when they meet next week. This is not going to get us out of the downturn soon. When Congress and the President decide on a stimulus package we need [...]

The December Statistics from MLS show a somewhat typical Month for December. Many sellers do not want to be bothered having their home on the market over the Holidays and the buyers are busy with the Holidays also. The number of new listings fell to 1590 in December as compared to 2224 new listings in [...]