Welcome, New Investors and Tenants and Fed Rate Cut

Greetings and welcome to Beehive Property Management. We are excited to work with you and make your investing or renting experience a positive one.

Tracy Atencio recently joined our team, and offers nearly 15 years of experience in residential property management. Tracy is a licensed Realtor and has we're grateful to have her on the team. She is an excellent resource and I'm sure all of you will enjoy working with her.

The Federal Reserve cut interest rates again today, which will have an interesting effect on the real estate market. It is a bit dated, but please see this article:

http://www.minnhome.com/Article.pdf

A large factor at work in the market today is that lenders have tightened guidelines, making it more difficult to borrow money to buy homes. The diverse loan programs that were available when prices were rising are no longer available. This makes it tougher for first time homebuyers and investors. We are watching the market closely so please call or email if you have a specific question or just want to discuss market conditions. I look forward to hearing from you.

--Jake.