PURCHASED – 55 Lombard St Suit 511

The heat is back.  On January 4th, 2019 Federal Reserve chairman Jerome Powell announced low inflation would allow the Fed to be “patient” in deciding whether to continue raising interest rates… After the DJI Average dropped 20% due to investor fears over raising interest rates it looks like we are headed back to cheap money.  Say hello to wide spread bidding wars in the 416! The property above failed to sell in June-July/2018 at two different price points both of which were below the final selling price achieved in January 2019 after 3 offers were received on the property.