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 Leave a comment »What a Week for the Columbia SC Real Estate MarketI am back. I have taken several days off to help my mom with some surgery she had this past week. All went well, and everyone is on the mend and should be back to normal before too long!
What a week it has been. First, we started off with Fannie Mae and Freddy Mac being taken over via a conservatorship by the government, then Lehman Brothers going into bankruptcy, Merrill Lynch merging with Bank of America for an all stock deal, Washington Mutual is now auctioning itself off, Morgan Stanley is looking to combine (perhaps with Wachovia), and the list never ends!
Alright, well you might say, “I am a Columbia SC Real Estate Home Buyer, what does this have to do with me?" Everything! The markets are volitile. They are crazy volitile as we have seen recently. All we can say is “Hold On!" Rates may change, but who knows.
Update:
Today we have a seen a large bounceback on the Dow. Up to 400 points throughout the day.
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