real estate: Enough Already! "Ceaseless Talk of a Recession" - 03/01/08 09:51 AM
Robert Toll, in an interview while announcing their Company's loss (Toll Brothers), is quoted as stating:
"Ceaseless talk of a recession continues to dampen the mood of consumers in general, whether or not a recession actually occurs. For home buyers, we believe this drumbeat, coupled with concerns over mortgages, the direction of home prices, and foreclosures, has kept pent-up demand on the sidelines," Toll stated.
I must agree 101% with Mr Toll. The News Media's constant negative headlines are giving home Buyer's the excuse they need to not purchase their next home. Or, worse yet, not get their existing home sold.
As Realtors, we … (1 comments)

 

Juli Morella

Mullica Hill, NJ

More about me…

Weichert Realtors

Address: 54 S. Main Street, Mullica Hill, NJ, 08062

Office: 856(223) 260-0251

Mobile: (856) 904-9280




Links

Archives

RSS 2.0 Feed for this blog