Ability Realty

Well here we are again. We just got our Debt Ceiling increased and some Spending cuts in the out years. That is not what we need. We need cuts in spending now to stop this upward spiral that will cost all of us for many rears to come. We as the public can not operate this way because we can not print money. We need comprehensive tax reform that cuts out subsidies, reduces tax rates, eliminate capital gains tax, and the death tax. I am sure I left some things out but we need to have a solid plan so businesses know what to expect 10 years from now. These are the Businesses that are going to hire our Millions of unemployed.

This Administration took their eye off the ball and worked only on Heath Care. I am sure there are many that think this was a great thing and in ways it is, but there is so much tax law in this Bill that it will all come out after this current President is gone. The cost to all of us will be so much higher than projected that I really hurt when I think what is coming down the pike. I will be retired when the sh…hits the fan and it will if this program remains. We need smaller government that works for us not their political future.

Now the July statistics. We are again just in a holding pattern but not going down. What has gone down is the interest rate. We are under 4.5% for the moment and you need to act soon as it will probably stay under 5% for a few months. Some of the important numbers are down some but that has changed each month for this past year. I am still looking at a more stable market in the last quarter.

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you may find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

I have had a great month and I hope this shows up for all of our Real Estate community and we really get up for that last quarter of 2011.

If I can help you do call me at 240-7130. We sell Real Estate and my son David does East side Property Management. David and I also do Short Sales for Owners who are underwater. Call us.