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| Issue of June 25, 2007 |
Round TwoThe real estate downturn has entered a new round. The slump largely began as an inevitable correction to an overheated, overpriced market. Hell Hole Holey hole in a doughnut! is only one of many colorful phrases that actor Burt Ward offered while portraying Robin in the 1960s television series Batman. The Great Housing Disconnect On June 7, the Massachusetts Association of Realtors invited its members, as well as others interested in housing and property rights, to visit their legislators on Beacon Hill. One of the events main goals was to continue discussions on the commonwealths housing shortage. At the Margins When returns on cash exceed 10-year Treasuries, the only things that will pull thoughtful investors to extend on the yield curve are expectations of a rate cut fairly soon, or the potential for price appreciation. Letter Check & Balance |
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