Lake Mary First Time Home Buyers… perk up. We all know what inflation is and the ugliness that can go with it. Most of us know that deflation is the opposite of inflation…. but don;t know much more than that.
In fact, business TV and newspapers have inflated deflation [sorry for the play on words… but I like doin’ that] as a hot topic this week and, since Monday, Google has tracked 13,000 mentions of it. Make this 13001.
Deflation is a recurring cycle in which the prices of goods and services fall. Suh-weet… falling prices that is so cool, right? Well, um, not really. Why? Human nature.
When prices are declining across many industries at the same time, IT CAN SHUT DOWN THE ECONOMY!
If you think about it…
Find out the ugly truth of deflation by finishing the blog post here:
Talk of Deflation – What Lake Mary First Time Home Buyers Need?
(Image courtesy: The Wall Street Journal)
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Chris Brown
All Around Good Guy
Trinity Mortgage
153 Parliament Loop
#1001 Lake Mary, Florida, 32746 |
Work: 407 377 0500 x 210
Chris@OrlMtgPro.com
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Posted in Borrowers, Economic News, FHA Loans, Home Buyers, Mortgage Advice, Rate Shoppers | Tagged: $7500 Tax Credit, chris brown, deflation, deflations effect on real estate, first time home buyer tax credit, lake mary mortgages, lake mary real estate, lower mortgages rates, orlando interest rates | Leave a Comment » Does less jobs mean Cheap Lake Mary Real Estate Deals?Posted by Chris Brown on November 18, 2008
Okay, so it is a rhetorical question and the answer is somewhat obvious, but how cool would that be if, everything got cheaper and you just got a raise!? I feel your pain. Well, on the first Friday of every month, the Bureau of Labor Statistics releases the ‘jobs report’… officially called the ‘Non-Farm Payrolls report.’ Well, the October’s data is trending with the rest of 2008. See the pretty graph? Don’t let the green fool you. After dropping another 240,000 jobs last month like a newbie at a craps table, the economy… Read the whole story at: Posted in Borrowers, Economic News, Home Buyers, Mortgage Advice, Rate Shoppers, Refinancing | Tagged: chris brown, lake mary mortgages, lake mary real estate, orlando mortgage pro, orlando mortgages, trinity mortgage | Leave a Comment » Buying Longwood Real Estate buttt… ‘renting’ the current residence huh?Posted by Chris Brown on November 5, 2008
Well, the rule book just got a little bit tougher. According to Fannie Mae… Blog Post Continues: Buying Longwood Real Estate buttt… ‘renting’ the current residence huh? Posted in Borrowers, Home Buyers, Home Owners, Mortgage Advice | Tagged: buying a new home, chris brown, fannie mae guidelines change, florida investment property, florida second home, lake mary mortgages, lake mary real estate, longwood mortgages, longwood real estate, orlando mortgages | Leave a Comment » | ||
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