“Realty Check in Stupidity by Diane Olick”

            “Realty Check in Stupidity by Diane Olick”




You talk about “Fake News”. It is not surprising that CNBC gives this ill-informed real estate prognosticator a platform. Her point is that home appreciation in March was 7.1% and in April it dropped to 6.9% and values have hit a wall. Are you kidding me? This is a wall I never want to see built. Most of us would be very happy with a 5-6-7% appreciation, how about you?




Sure, home ownership isn’t for everyone. There are many that should never own a home, but most human beings in this country want to own a home. They should continue to pay rents that continue to rise and what do they have at the end of each year? Answer is a pile of paid rent slips instead of an interest deduction to lower an income tax deduction and a place to call home.

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Comment balloon 2 commentsJoe Petrowsky • June 27 2017 02:44PM
“Realty Check in Stupidity by Diane Olick”
“Realty Check in Stupidity by Diane Olick” http://www. cnbc. com/2017/06/06/fast-rising-home-prices-finally-hit-a-wall. html You talk about “Fake News”. It is not surprising that CNBC gives this ill-informed real estate… more
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