(PRWEB) October 15, 2016
The American real estate market is on fire. Both the housing market and the business real estate market have extremely low vacancies, minimal foreclosures and high prices. Though some are anticipating a housing bubble, few are predicting a business real estate bubble. James Earl Jones will host a new segment that will explore the nuances of the American housing and business real estate markets in a captivating new episode of “Front Page”.
Jones will open this upcoming piece that will shed light our nation's record low interest rates, the potential for another housing bubble and the opinions of the most respected real estate experts. The piece will explain what is likely to occur if the Federal Reserve increases interest rates, what will happen if those rates stagnate and how each scenario impacts the average homeowner and home-seeker. This insightful episode of “Front Page” will also examine the sub-prime mortgage fiasco of the Great Recession.
Many real estate experts are wary of the current real estate climate due to the fact that it is still quite easy to obtain a home loan with an exorbitantly low interest rate even though the mortgage-seeker can afford a mere fraction of the home's value in the form of a down payment. This piece will attempt to determine if we are repeating history from a mere decade ago when millions of American homeowners lost their homes due to inflated prices, fluctuating mortgage interest rates and minimal down payments. There is no doubt that the real estate market is an incredibly interesting topic. Viewers will obtain significant insight into the current state of our country's real estate market.
This award-winning program is produced independently and distributed to PBS Public Television Member Stations.