Dead Cat Bounce... A twisted definition of a visual occurance in a graph charting a time horizon. What we see is a rapidly declining market, then it appears to "hit" bottom, pop up a bit (maybe even a few times from "the bottom," then continue the decline. That's what we'll see in the real estate market ing 2008, probably a few times before we hit real bottom. There are many challenges facing homeowners, the US and the world. Our national economy has a huge effect on the global market. A rising tide lifts all ships, and the opposite as well. Who do you know who needs a solid mortgage solution? Please refer them to me. Pat Townsley, Mortgage Broker. http://www.ptre.net/. 415-485-1776.
Thursday, December 20, 2007
Dead Cat Bounce
Dead Cat Bounce... A twisted definition of a visual occurance in a graph charting a time horizon. What we see is a rapidly declining market, then it appears to "hit" bottom, pop up a bit (maybe even a few times from "the bottom," then continue the decline. That's what we'll see in the real estate market ing 2008, probably a few times before we hit real bottom. There are many challenges facing homeowners, the US and the world. Our national economy has a huge effect on the global market. A rising tide lifts all ships, and the opposite as well. Who do you know who needs a solid mortgage solution? Please refer them to me. Pat Townsley, Mortgage Broker. http://www.ptre.net/. 415-485-1776.
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