The Wall Street Journal reported that government spending and tax incentives are keeping the housing market from dropping further but warns that continued programs may be required until job growth begins to kick in. Check out this quick video and tell me what you think. My own belief is that the high end market will remain slow but relatively stable. Markets with unique qualities like beach front or beach access will maintain their values but more remote areas may see another fall in prices as foreclosures hit the market next spring. Tell me your thoughts.
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker
I don't study, follow or buy in to government experts, economic college professors with their "leading sources say" reports or predictions. Every market is different. There are ways to make money in any markets. Folks have always needing to buy or sell in any market. I study my market for opportunities, new creative ways to get more than my share of that market. Turn the news tube off, close the wsj. In 30 years of listing, marketing, selling real estate like any profession, there are many business people, brokers that make lots of money every year. They lead, no follow and ponder or speculate. The make the market by seizing it, exploiting it, see new openings to try this, tinker with that.
Nov 20, 2009 12:18 AM
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!
A lot of opinion.
The one thing that is right is job growth. And there's a big driver for job growth that this administration and Congress are ignoring.
And that is rewable energy production. And its not GE that has to do it.
I've written a few posts on this topic, but most don't seem to care. We have to look beyond our own industry for solutions.
Nov 20, 2009 01:00 AM
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