Havasu Home Talk

Lake Havasu's First and Most Comprehensive Real Estate Blog

“What’s Going On with Inflation and Interest Rates?”

with 2 comments

Lonnie Stevenson at Evergreen Home Loans just emailed me this note:

If you’ve seen the news lately, you know concerns about inflation are increasing. But what does it really mean to you?

The fact is, inflation is a very serious issue, and it will likely be on the rise as 2009 proceeds…and along with it, home loan rates will likely rise too.

To help you learn more about this important topic, I’m sending you a link to a short video, featuring a personal friend and business mentor or mine as well as the nation’s foremost mortgage industry expert, Barry Habib. In this video, you’ll learn how inflation impacts interest rates and what the outlook is for down the road.

Because home loan rates will be on the rise, if you or any of your family, friends, neighbors or co-workers have been considering a purchase or refinance, now’s the time to act.

Please contact me today to discuss your specific situation, and feel free to forward this email and video link along to others that you think might benefit from it as well.

Watch the Video

2 Responses

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  1. Do you think that in 20 years this place will be the next Orange County, Ca? Is it getting to be time for everyone to sell?

    Lake Havasu House Cleaning

    September 5, 2009 at 9:32 pm

    • I think that Havasu has a very bright future. I don’t know of anywhere else in the west with such a fantastic and beautiful navigable lake, affordable homes and nice folks as this place. I also feel as though we’re limited to our growth since the mountains are above us and the lake is right below us, so it prevents it from getting too huge. I think it’s bound to get more and more valuable as property becomes scarcer. Once all the lots are gone, I think people will start to buy old houses on prime pieces of real estate and tear them down. We’re already seeing it on some of the prime golf course lots in town and extensive remodeling of gorgeous lake view lots in the residential estates area. It’s actually a better time for buyers right now – as property values are the lowest they’ll probably ever be.

      dialdominic

      September 7, 2009 at 5:13 pm


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