People in U.S. their NET WORTH is increasing.

By
Real Estate Broker/Owner with Coldwell Banker Cutting Edge 201238193

More good news in the Medford Mail Tribune this morning says Americans are gradually getting back their lost money.  Most of the gain came in stock portfolios.  Their definition of net worth is the value of assets such as homes, checking accounts and investments minus debts like mortgages and credit cards.

Home values edged up .2% this is not much but it is huge in terms of finally heading in the right direction.  The combination of the two will help people start to get back out and spend a little.

The phones are ringing more, spring is coming, and the best time to sell homes is coming.  Feels nice to finally see positive news and I am reading positive articles quite frequently.

 

Clason Whitney Principal Broker Coldwell Banker Pro West Real Estate in Medford Oregon

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Comments (5)

Joseph Keech
Blue Atlantic Properties - Leland, NC

I love good news.  Thanks for sharing.

Mar 11, 2010 10:28 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Clason.....this may just be the calm before the storm.....make as much as you can right now....save it for the future to weather the storm.

Mar 11, 2010 10:29 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Clason, sounds like things are starting to turn around. Great news. Thanks.

Mar 11, 2010 11:01 PM
Coldwell Banker Cutting Edge
Coldwell Banker Cutting Edge - Grants Pass, OR
"Your Proactive, Trusted Real Estate Advisor"

Thanks for taking the time to comment and Barb your caution is great, very smart to look at it that way.

Mar 12, 2010 12:04 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Clason I agree with you I am seeing more positive news, and yes more are gearing up for the spring home buying season.  Here is hoping that spring will be good for your business.

Mar 12, 2010 12:24 AM