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Dow 10K! What does it mean for sales?

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Real Estate Agent with Epcon Columbia, SC

I know this is a real estate site, but I thought I would talk for a moment about the ramifications of Dow 10K 2.0 on Real Estate.   For about a year buyers have talked about what a hit they have taken in the market and how that impacts their buying decisions.    I think this important psychological level on the Dow, removes one of those obstacles to sales.   What do you think?

Comments(2)

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Robert Rauf
CMG Home Loans - Toms River, NJ

Positive news is never a bad thing, and if we can get the psycological level up it can only help.  the problem is that as the dow rallies the credit markets tank, and rates go up!

Oct 14, 2009 09:20 AM
Greg Anderson
Hearthstone Mortgage - Raleigh, NC
NMLS # 116211

Hopefully the excitement level from the DOW 10k 1.0 will return, we will see, the human psychy is a very strange and unpredictable entity.

Oct 14, 2009 09:24 AM