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The market is too interesting to ignore.  So, you are going to see this platform change to focus on what is going on in the Real Estate market.  Having been in this business for thirty years and speaking to Agents coast to coast every day gives a person some perspective.  Those of you who have followed my articles and/or seen me speak for the past couple years can attest that I have been right about what is going to happen through this whole crisis. 

It is obvious that Real Estate leads the economy. Bad Real Estate lending took this economy down.  It is the active Real Estate market this spring in most markets that will bring it back.

You will hear the stimulus package and all kinds of other reasons for the end of the recession. That is political spin.  Notice that the health of the residential Real Estate market precedes and leads the recovery. 

How can that be?  Because each time a house sells, tens of thousands of dollars go directly into the local marketplace for both closing costs and home improvement.  The fact that this happens in every community across the country makes it obvious that with residential Real Estate you have the strongest most immediate influence on the economy.

Thank goodness that the NAR lobby was strong enough to get the residential benefits to the Real Estate market immediately. 

Despite the downright erroneous National New reports residential Real Estate financing has continued to be available (yes except for jumbos for a while) across the US. 

Enough for today, the point being, you as Real Estate Agents are doing more for recovery by honestly and optimistically matching Sellers and Buyers; and making this a strong spring for yourselves.  It is pretty cool, (a reflection of my age) that you can do something so good for you and your family and it is the best possible thing you could do for the economy and the country. 

 

 

 

1 Comments on Real Estate Will Lead...

MAR
16
2009
706,295 Points 6 Featured Posts Outside Blog Called Shot Master

Good post!    I agree with you, that realtors will lead the economy out of the confusion.    I've always seen the real estate side of investing as the "canary in the mine"...other related industries follow us up or down within six months of the "shift" (either up or down).   

10:56am • #1

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Rich Levin

Brighton, NY

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Rich Levin's Success Corps Inc.

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