FINALLY, A WONDERFUL POSITIVE HOUSING REPORT FOR 2011 !!! I was watching the NIGHTLY BUSINESS REPORT on PBS, a few nights ago, and Moody's Chief Economist, MARK ZANDI was interviewed. HEARING HIS NEWEST FORECAST, WAS MUSIC TO MY EARS.
ZANDI PREDICTS THE HOUSING CRASH WILL END THIS YEAR, 2011. He is a Very Well Known and Respected Economist, who is Usually Correct with his predictions. Zandi points to an improving job market, the affordability of housing and low interest rates. He stated that Optimism Is Now Growing in one of our nation's largest epicenters of the Housing Boom and Bust, in Florida. He says the Sun is definitely rising again, on the Sunshine State Housing Market. In fact, Zandi very strongly stated many opinions on how the entire Housing Bust could have been prevented, across the nation.
I am a Positive Person and I believe Zandi's Forecast is Correct. He is usually way ahead of the curve and it will be interesting to hear, as time goes by, all the remarks from other economists. The One Sure Thing Real Estate Always Does, Is CHANGE. It always runs in Cycles, and it has been in this Current Downward Cycle for a few years. IT IS TIME FOR THE CYCLE TO CHANGE, FOR THE BETTER. I can see all the signs. Also, C.A.R. just announced that Calif. home sales rose in December, posting their highest level since May. The December sales were up 5.9 percent.
POSITIVE ENERGY CREATES POSITIVE ENERGY.... These last few years have been rough for EVERYONE Involved With Real Estate. Buyers and Sellers don't know what to think, because of all the Negative News that has been coming from the media. 2011 IS NOW HERE, AND IT IS TIME TO SMILE, BE POSITIVE, AND PUT ON A HAPPY FACE. Happy Smiles To You, MYRNA :) :) :)
Photo credit: ppdigital from morguefile.com