Get Ready For Positivity on Real Estate
But before I reveal what is up with that, check out what Rory Siems is saying about the housing market in Laguna Niguel.
10 Reasons the Housing Market Will Begin to Recover In 2008:
The Economy is Creating Jobs and Unemployment is Low
The last two housing downturns were due to recessions in the U.S. economy (80-81, 90-94)
He has 9 more reasons so check it out.
What is positivity on real estate? It is a single voice saying that a home is still a good assert to own. Not just for "investment" reasons, but for.....
And that is where you come in. Stay tuned..
Recession isn't some magic that happens beyond our control. A recession can be caused by any number of large economic factors - and be isolated locally, nationally, or internationally.
The failure of American automobiles cause a recession in Detroit. Bust of the Dot com caused a minor recession in the SF Bay Area.
In short, a recession is caused by decisions made by people like you and me.
In other words, a recession cause by real estate just means the laymen realized that the market in certain areas are overpriced, and refuse to play along. This destabilization causes the price to return to a more competitive level.
Rob
www.yourmortageworld.com
Posted by: Robert | November 13, 2007 at 09:25 AM
Your blog is interesting. We too are a real estate company,Winter Park Real
Estateoffering real estate properties like mountain homes in Grand County, CO.
for details please logon to our website
Winter Park Real Estate
Posted by: John | November 20, 2007 at 05:05 AM