Mike Hendrickson's Real Estate Blog

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Real Estate Agent - Premier Agent Network

ARCHIVED BLOG POSTS

2013 

We here at www.myslohomefinder.com want to wish all our loyal readers a Happy Easter and enjoy your time spent with the family. We are experiencing a drastic drop on inventory here in San Luis Obispo County, with sellers holding off from selling due to rising prices and buyers still thinking it's...
03/29/2013
Is the Euro Zone going to kick out Cyprus?  You have to wonder about all these austerity programs that are hitting the world.  Won't this add to the deflation out there!  But then you have housing, food, fuel, and health care spiking up.  It reminds us of the stagflation of the 1970 and 1980s.  S...
03/28/2013
It seems that with every deflationary event that happens around the world our Fed. has to keep interest rates low or even lower them.  How long until this hits the inflation numbers?  Cyprus is no exception!  Plus what is the total amount of money that has disappeared off the face of the earth du...
03/27/2013
Interest rates have remained firm for the time being. With Cyprus deciding to confiscate 30-70% of depositor's money above the amount of $100,000 Euros the whole world is wondering about confiscation by a "tax haven" of money without due cause.  Makes you glad to be here in the U.S. with the FDIC...
03/26/2013
They have a deal in Cyprus, and the deal includes a 30-70% hair cut for anyone with more than 100,000 Euros in their bank account.  Who has more than this in an account?  Cyprus is a tax haven for many Russians and other nations.  What this is really telling us is that the Euro Zone has no FDIC, ...
03/25/2013
The week ahead should be a busy one with Cyprus and the Euro Zone news! Go to my web site at www.myslohomefinder.com for all your San Luis Obispo home search needs. The Week Ahead:No Schedule Data   The US calendar is light but Cyprus is the focus in any case as it scrambles to win European suppo...
03/24/2013
Are we going to experience inflation or deflation?  If you go to the supermarket, the gas station, or the hospital, you can see the prices shooting up.  But look at the wages, they are stagnant.  Then you have the Euro Zone that seems to be in a major recession with all the problems in Cyprus, Gr...
03/23/2013
Slowly but surely our mortgage interest rates are going up!  How high will they go!  It all depends on inflation.  But we still have some deflationary things going on, just look at Cyprus!  And then look at the Euro Zone! Vist my web site www.myslohomefinder.com for all your real estate needs. Wh...
03/22/2013
What's up with interest rates?  Are they going up?  Or are they going down due to deflation caused by Cyprus and the Euro Zone? I'll keep my eyes open and follow this one closely. Go to my web site www.myslohomefinder.com for all your San Luis Obispo County home search and selling needs. What's u...
03/21/2013
Will Cyprus take down the Euro Zone?  Bank runs!  No FDIC like organization in Euro Land!  Will people just take their money out of the banks and put in under the mattress?  These are all questions that are going through my mind. Go to www.myslohomefinder.com for all your Central Coast of Califor...
03/19/2013
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Mike Hendrickson

Fine Homes, Short sales, excellent client services
local_phone(805) 459-0074
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