Home > Blogs > Jeannetta Collier > Jeannetta's Blog

Real Estate Outlook: Up or Down?

By Jeannetta Collier

Real Estate Agent with Coldwell Banker Residential Brokerage

May 29, 2010 03:04 AM

You may have seen the latest home sales and price numbers and wondered: What's going on here? Are we up? Are we down?

Depending on which TV network reported the news last week, it sounded either like real estate is continuing along its steady road to recovery - -or that we just hit a pothole in the road.

One major business news channel reported it this way: "Home sales down 14 percent in the first quarter." Other media reported an 11 percent GAIN.

So what is it? I guess it all depends on where you live and your outlook.

Re-Blog

Comments(2)

Comment

Show All Comments

Sort:

Larry Bettag

Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL

Vice-President of National Production

I know what the media spins.....I really think that we need to sieze the moment. I do think that the economy is not even close to the bottom, but I also feel our opportunity is not even close to where it can be.

May 29, 2010 03:07 AM

Ann-Marie Clements

Candidate for an Ed.D. in Educational Leadership - Saint John, NB

Ed.D. candidate, Innovative Proactive Principa

Hi Jeannetta, It's all based on the economy of the area; if there are jobs, the homes sales are good, if there are no jobs the home sales are probably down... It's all relative to what's happening in the local area. ;>))

May 29, 2010 03:09 AM