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Signs of a Recovery?
OPTIMISTIC OUTLOOK, Part 1 PART 2 Not one article, report, survey, talking-head opinion, or whatever sways my thinking one way or another. I treat all of them as 'just another data point.' Those who follow my posts have come to learn that I approach things quite analytically and try to look at the data, report it as it is, and offer my views on the subject. I do try to stay away from subject matter where I'm not an expert - i.e. overall economic rebound (or not.) However, I've been taking mental note of the number of occurrences for real estate mentions within overall economic news. The housing market is, after all, a major driver in the economy and the recovery should there be one. Many believe that it has begun, slowly albeit. The slow part of the recovery is what's hard to take, we all want instant gratification. A slow, stable, soundly fueled recovery is what we need, though. Back to real estate. The clipped article above presented on front page of the Naples Daily News talks about housing and the rebound as a part of the recovery among other things here in southwest Florida. It claims that signs have ... more
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