Viewing posts from: November 2008
Real Estate and Financial Markets
- posted in Big Bear Homes & Land, Big Bear Real Estate
The real estate and financial markets are quite a mess right now. Just when buyer activity began to pick up in the first 2 weeks of September, the rapidly unfolding crisis in the financial markets quieted our lead generation momentum dramatically. The nation's credit crunch had started to show some signs of relief recently due to an increase in mortgage applications with declining interest rates, and government bailout of Fannie Mae and Freddie Mac.