Blanche Evan just penned a piece caled Positive Housing Reports, Consumer Confidence Up
I have been attempting to focus on good real estate news of late. Why? because I remember when I was in a down market as an agent, and I can recall that even I got sucked into the recession fever. Everyone it seemed, almost reveled in the receeding market.
Now understand, there is no way in a million years that I think the market is receeding. The only reason I write these for you my dear reader is so that you don't let the doomsdayers poison your performance.
Some quotes from Ms. Evan:
" buyers are pulling back out of uncertainty, but springtime sales will likely come close to previous national records. "
"All they have to do is live in their homes two out of five years of ownership, and homeowners can sell the property and pay Uncle Sam nothing in capital gains (up to $250,000 for singles, $500,000 for married couples.) So you can borrow the money to buy an asset that you can sell tax-free after only two years."!
She goes onto report that NAR has inked two months of rebounds.
From (MarketWatch) -- New home sales unexpectedly increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, the Commerce Department estimated Wednesday.
You can get the rest of this positivity from realtytimes.com and Blanche, but suffice it to say it is your duty to sing the praises of the best assett God ever created.
