Let's Get REAL Estate

August 6th, 2011 1:38 PM

In a word...PROBABLY! But the news isn't all bad.

The debt ceiling debacle took the much needed attention away from the real issues of employment and the soft housing market. Normally, a market like ours...(strong demand and low inventory with low interest rates) would send prices through the roof. Even though we have seen prices ticking up, it should be more than we're seeing.

The employment picture got a little better last month and interest rates have hit amazing new lows...so why aren't we going like gangbusters? CONFIDENCE! After watching Congress act like children, who can blame the American public for having little confidence in those we elected to the House & Senate? And even though S&P downgraded our credit rating, there should be little effect (as long as the other 2 rating agencies don't change theirs).

So there are some positives out there...if you're willing to look for them. Our biggest advice is to TURN OFF the "pundits" and start thinking for yourselves...Let's get back that American pride! Don't wait for someone on TV to tell you it's back!

I know, I know...This one was ALL OVER THE PLACE!


Posted by David Daso & Robert Wilfong on August 6th, 2011 1:38 PMPost a Comment (0)

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