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jdaasoc

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jdaasoc

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Re: farooq post# 85392

Friday, 07/28/2006 12:33:31 PM

Friday, July 28, 2006 12:33:31 PM

Post# of 148479
I am selling a building and holding the note. Buyer just this week hit me up for your 100 basis point reduction in interest rate in order to move forward with sale. 10 year bond was at 5.2% when I wrote contract.

Hard to predict if housing market will get frothy again but I wouldn't want to be short home builders just in case.
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