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Is Stock Selling Preceding Real Estate Buying?!

By
Real Estate Agent with https://teamcoker.robertpaul.com 9023635

The election is over. Business planners can forecast the next two years better than they have for some time. Real estate values all over the country are lower than they have been in years. Interest rates are lower than they have been since Eisenhower was President.

When I look at the stock market and I see the selling of stocks, when I read that savings are historically high, and when I see my real estate market moving faster than it has in years, I am excited by the possibilities.

Is the selling of stock preceding increased real estate buying?!  While we continue to hear that mortgages are still in trouble, and that there are many people having hard times, there are a lot of people using their solvency and good financial position to take advantage of prices and rates.

Real estate closings in my area, and for me personally, are up!

What do you think? Is the selling of stock preceding increased real estate buying in your area?!

Happy Selling and Listing!

 

Posted by

Heath Coker, Associate Broker
Berkshire Hathaway Homeservices Robert Paul Properties
teamcoker.robertpaul.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!

James Heath Coker | Create Your Badge

Comments (1)

Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

I think that stock market recovery usually preceeds general economic recovery by a few months.  We will need a fairly substantial recovery in employment and business health before the change is reflected in housing. 

Nov 08, 2010 03:11 AM