One trait that separates the successful from the unsuccessful is the ability to look at change with an eye to opportunity, and Americans in general are good at this.
At the end of 2008, an international survey by the Worldwide Independent Network of Market Research studied the impact of the global financial crisis on 17 different countries.
The study revealed that Americans, despite the overwhelming tide of negative indicators, are among the most positive in the world when asked about their economic prospects, ranking well above Canada even though the Canadian economy is stronger right now.
The most pessimistic nations were Britain, France and Iceland.
Analysts generally agree that this U.S. optimism and can-do attitude (which leads to a willingness to invest and spend in hard times) will help turn the U.S. economy around, which will, in turn, affect economies throughout the rest of the world.
According to CIBC World Markets economist Meny Grauman, while the U.S. economy has never been in such rough shape in modern times, there has also never been such an unprecedented response from the U.S. government to deal with the crisis.
According to the National Association of Realtors® (NAR), there were 4.9 million homes sold in the U.S. in 2008, and the projection for 2009 sees that number growing by 6.6% to 5.2 million.Considering the numbers of real estate agents are declining, that means more homes sold per agent this year!
Calvin Lindberg, president Canadian Real Estate Association (CREA) says, "The increase in the Home Buyers’ Plan and the First-Time Home Buyers’ Tax Credit to cover closing costs are both important for first-time home buyers, and they are an important factor in an active housing market."
You'll find additional information to shine a light on the brighter side of what's happening in real estate and home staging today in a new free special report: "Ask Staging Diva: Can I grow a home staging business in a depressed economy?"
I spent a ton of time researching and writing this report because I'm tired of watching all the doom and gloom in the media suck the energy out of entrepreneurs.
There are real opportunities today, you just need to look at the bigger picture. I hope you'll download this free report and send me your feedback.
How are you keeping your spirits up? What new things are you doing to take advantage of what's happening in real estate today?
Debra Gould, The Staging Diva®
President, Six Elements Inc.
Entrepreneur and Home Staging expert Debra Gould, The Staging Diva®, knows how to make money as a home stager and has taught over 1000 others to do the same. Discover her secrets to business success in the Staging Diva Home Staging Business Training Program.