Market Update from RE/MAX of Orange Beach - 09/09/09 08:34 AM
by Tinsley Myrick, September 9, 2009
The following information was shared at the RE/MAX of Orange Beach sales meeting yesterday by Patrick Daily, Broker/Owner.
Patrick recently attended the RE/MAX Owner meeting and brought us back this interesting info given by David Linegar, founder of RE/MAX in 1973, and Carter Murdock, Bank of America's Economist:
•Savings is at its highest level.  People are saving and not spending.
•The economy is already beginning to improve.  It's going to recovery slowly.
•Unemployment is REALLY at 11-12% right now.
•Have to get more people working before people will start spending again.
•Small businesses will lead us out of … (2 comments)

 

Scott & Tinsley Myrick, Gulf Coast Real Estate Professionals

Gulf Shores, AL

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RE/MAX of Orange Beach

Cell Phone: (251) 978-5989

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A review of real estate market conditions and postings of general interest to buyers, sellers, investors and property owners along the Alabama Gulf Coast including Gulf Shores, Orange Beach and Fort Morgan
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