What's missing in Real Estate?

Home affordability is at an all time high!  Interest rates are at an all time LOW!  What's missing in Real Estate?

Consumer Confidence! 

Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.  (Per Wikipedia)

We need to get help the consumer to find that confidence again....the confidence to buy a home and know that they will not be drowning in debt in another year or two or submerged underwater on a loan that is double what their home is worth.  We as people need to begin to feel and think positive again...about our economy, our jobs, our homes and our country.

Buying a home is still a big part of the American Dream!  Let's begin to dream again!