Saturday, August 11, 2007

Livermore real estate financing

OK so the feds dumped 38 billion into the economy yesterday to ease the credit pinch we are in...great more money available to spend and even better ON credit.....!!!! so what will this do the housing crisis??? NOT A DAMN THING! All this will do is cause more dollars out there for people to spend which in turn will cause more inflation, which in turn will allow for rates to either stay the same or go up to control the inflation.....At lease they recognize there’s a problem and are doing something...weather its the right thing or not is the broad controversial question....Steve Eveleth

Here’s my suggestion to everyone.....sit your butt down and adjust your budget for 6 months.....im talking about cutting your frivolous spending in half for 6 months....yes we the people take a break from the spend spend spend mode for 6 months. What will this do? two things....(this is my theory, its all speculation right??)1)It will cause the feds to lower rates!!! Duhhhhh don't we get it??? As long as we keep spending, weather its cash or credit we keep the cycle in motion...the cycle that is going to backfire eventually...or what am I talking about...already has....has been for a while...thank God people are making decent $ with job availability and pay increases...if we didn’t have that right now....bye bye baby...recession come to daddy!!!!
second thing this will do is create less dollars out there for retailers product so inflation will stay under control!!!

SO by cutting down on your spending (operative word is YOUR) every single one of us has to do this and IT WILL WORK!!! This will effect all of us and here will be the benefits::

Home buyers: Lower rates to afford a home!

Home sellers: you will get more for your home because there will be less inventory and more buyers!! This will also even out the market and you wont get beat up by buyers on your sale of your home!!!

Real estate agent & finance industry: Maybe keep the doors open for the rest of the year!!!
www.StevesHomeSearch.com

Average consumer: you will save money because inflation will be under control( prices of merchandise will remain stable or decrease because there isnt as much cash flow out there to buy there product!!

Here’s the problem people:::::: In order for this to work you must start educating yourself, planning budgets and sticking to it....CUT DOWN ON YOUR SPENDING!!!maybe not going to the lake one summer...not having your kids get the $120 jeans.....no super latte star bucks every morning....make your own. you get the picture!!!!!This is our problem::: As long as we keep spending things like we do things will not change.

Can you imagine if we all cut our spending by 1/3 for 6 months???? The fed would freak!! and lower rates....come on lets try it!!! www. StevesHomeSearch.com

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