I was going to write about some more current real estate topics and then thought if I am going to get someone to actually read our articles I had better talk a little about us, who we are and what we are trying to accomplish. You can find a good bit about me in areas on the site so I won’t waste time on me.

My goals here are to start articles and provide information and services that educate people in real estate for their own homes as well as investments. I hope to be able to help our readers learn about our market around Fort Bragg. I will give the best information that I have, and be honest and upfront on issues that affect us in our Real Estate market. Please understand the articles I write are my own opinions they are not endorsed by or representative of the companies I work with or list property for. I want to give an outlook without any spin.

Soon you will also notice posts by an author named Jim Danis. He is a long time close friend and I trust him very much. I receive a lot of request for information on mortgages, finance and VA entitlement so I invited him to start posting to give the most current and up to date information available. We hope you enjoy our post and site, I also hope you learn some valuable information.

I do not capture any information from you on my site other than your general location. I hate it when I have to give all of my contact info out just to look and browse so I don’t try to capture yours. Keep in mind this is my profession and how I support my family so if we can help you please fill out our sheet to contact you.

I wanted to give my take on this. I get asked more than once will mortgage rates go up or down when the feds meets. The big date right now is 18th Sep, 2007. The rate everyone is talking about is the rate that the Fed charges banks on money they loan overnight. If you remember, in ‘04 and early ‘05 when the fed would drop rates, mortgage rates would go up for a week or so and then go down. I think then it had to do with good employment reports and consumer spending.

My opinion on it this time is a lot different, the employment report last week was not good, everyone is screaming, and the new housing starts are very slow throughout most of the country. This affects a lot more people than we think about. The people in the factories making all the goods for homes down to pictures that go on the wall and the goods to clean them with, the surveyors, people who put in streets, construction workers, the sales and advertising people. A good friend of mine told me today that the word on the street, and I am sure he meant Wall not Hay, was that there was a 100% chance of a 1/4% drop to an 80% chance of 1/2% drop. I think we will see rates drop a little to try to stimulate things. I think we are still fine it will just make it that much better for us.