Who do we believe?

This is an exert I got from Inman

The peaks and valleys of the 2006 housing market were curious -- perhaps even unique -- but consumers and real estate professionals will probably experience a more consistent, positive environment in 2007, according to leading industry analysts.

National economists and pollsters, even the legendary Alan Greenspan who retired as chairman of the Federal Reserve early last year, also concurred that housing activity should pick up some steam in 2007.

"Most of the negatives in housing are probably behind us," Greenspan said. "The fourth quarter should be reasonably good, certainly better than the third period."

Others, including Steve Murray, publisher of Real Trends, a real estate research and information company, were willing to push a positive outlook further into the future. Murray feels the desire for a home as a residence, or as a recreation or retirement investment will remain strong for the next decade.

Personally I tend to believe Greenspan. Partly because that is what I want to believe and partly because I think he is a brilliant economist. I have great respect for his opinions , I first became interested in his opinions in college economics in 2001. I had many discussions with my professor about current affairs and Greenspan was a popular topic. I like to think positive and if I can follow a favorite person at the same time that is enough for me. What do you guys think I would love some feedback.

Orville McCallister

Realtor

Keller Williams Realty

www.orvillemccallister.com