Author Archives: frederick
Once in a Lifetime Opportunity for First Time Home Buyers
The headlines in the news the past six months would make most people believe the world is coming to an end. Our president figured that out this week by doing a 180 and speaking positively about the economy. After talking … Continue reading
Which Direction Will the Springfield Illinois Housing Market Go?
There were encouraging signs for the Springfield housing market the week following Valentines Day. Local Realtors posted 94 sales pending for the best week of the year by far. The burst in activity pushed the sales pending for the year … Continue reading
Broken Promises, Deceit, and The Stimulus Bill
Do you remember the movie, It’s a Mad Mad Mad Mad World? This past week Obama, Pelosi, Reid, Collins, Snowe, Schumer, and Specter starred in the 2009 version. The ending to this latest episode is no laughing matter for the … Continue reading
The Stimulus Bill and Housing
In 2008 the Bush administration implemented a $7,500 tax credit for first time home buyers. Although well intentioned the proposal has had little impact upon home sales in Springfield Illinois, and probably across the nation. Why? The money had to … Continue reading
Lessons To Remember for the 2009 Economy
This past week was a moment for happiness and sadness for the Pfister family. My wife Kristie’s Great Aunt Ruth Miller passed away and her funeral was on Tuesday. Then Saturday my Aunt Chloe Rehfield passed away and her funeral … Continue reading
The American Spirit and Attitude Will Save the Economy
In my opinion the news this week is telling us the attitude of the American consumer, and it’s not good. Reported today in the SJR Marketplace section (11-15-08) is that retail sales fell by the largest amount on record. What … Continue reading
Housing and Presidential Candidates Economic Pledges
Time to get serious about choosing our next president with the election a mere twelve days away. Who are you voting for and why? In my opinion the housing market will be impacted by the plans of who is elected. … Continue reading
Bail Out Harms Responsible Homeowners
As you know a massive government bailout was passed with the goal of saving the economy. The Oct. 4, 2008 front page headlines in the SJR “Bailout is coming, but will it work?” Good question. In my opinion the headline … Continue reading