Statistics reflect the effects of fuel price uncertainties
On Thu, 03 May 2007 01:05:55 GMT, Short Wave Sportfishing
wrote:
I talked to a broker this afternoon who hasn't seen sales this bad in
quite a while.
I'm guessing that this might be a reflection of what's happening in
the housing market where interest rates are up, lenders are getting
pickier, and home prices are flat to down. I suspect a lot of people
do "cash out" refinancing to buy a boat, using the house as a piggy
bank of sorts. Fuel may be a factor also but I suspect not as much.
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