Will Bin Laden's Death Effect The Housing Market?

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Right now I think it is too early to tell.  

I thought it would be interesteing to see how others felt.  Seeing Americans around the country celebrating and being patriotic again did provide me with a glimmer of hope.  I think it all depends on whether or not there is a retalliation or not.

We need to feel safe at home and then some of our old confidences will be back.  Will it ever be the same again?  I really doubt it.  The safety we felt before will never be fully restored.  

I would be great to see consumer confidence return and our great nation pull together again.  Until we become concerned about others and less self centered this cannot happen.  

The key to the strong return of the housing market can be summed up in one word, Confidence, 

Confidence in our Government

Confidence in our Economy

Confidence in our Fellow Citizens

Confidence in our Security

These are the building blocks that will return our market to greatness.

With these we will be great again.

 

Posted by

Michael Morley

Coldwell Banker Residential Brokerage

1410 Valley Road

Wayne, NJ 07470

Office 973.694.8000 x 258

Cell 973.906.8591

Comments (5)

James Lowenstern
Castles Unlimited® - Newton, MA
Castles Unlimited. Newton MA Real Estate

I don't think his death means all that much.  Here's hoping that it does though.

May 02, 2011 07:06 AM
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

Michael, I don't think it will have much impact, but it may well positiively increase consumer confidence in some way.

May 02, 2011 07:11 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Oh please don't confuse confidence in my military with confidence in our government.  They aren't the same.

May 02, 2011 07:22 AM
Jennifer Manchester
Suburban Properties of Charlotte, LLC - Mint Hill, NC
GRI, ePRO, ASP - Broker/Home Stager

If it does I hope it is a positive one!

May 02, 2011 07:27 AM
Michael Morley
Coldwell Banker Residential Brokerage - Wayne, NJ
SFR

I don't remember mentionaing anything about the military.  I am very proud, confident, and suppportive of all our military. 

I did mention security.  If you say you feel as secure today as you did 10-15 years ago then you are in the minority.

May 02, 2011 01:25 PM