The stock market plummets over 500 points, mortgage fraud, worldwide economies on the brink of chaos, jobless rate stagnant, huge corporations felling whole rainforests – global meltdown imminent. Isn’t it about time someone sound the fire alarm? I mean, we are taught not to bust the glass and pull the red lever in grade school, that is, unless there is smoke – but markets are billowing smoke these days?
Confidence In Real Estate 2011
A report released last week by the National Association of Realtors suggests the housing market for 2011 may be a lot better than previously expected. Existing home sales are up again, and investment in new construction stock is up as well. With jobs and other variables stabilizing, it seems as if the overall outlook is very positive for 2011.