TBWS Daily - 9/28/2011

By
Real Estate Agent with Century 21 Birchwood Realty, Inc.

Good Morning…Here is today’s  report from the Think Big Work Small Guys.  Today the boys are talking about the correlation between Unemployment and Foreclosures.  In 1984 unemployment was 10%, foreclosures at 2%, and interest rates were at 14.5%, when in recent years unemployment has jumped 5 to 10% and foreclosures have jumped 5 to 10% both keeping pace with each other, while interest rates are at an all time low.  Our housing market problems have more to do with the state of our overall economy.  I found the discussion interesting. 

Think Big Work Small 

Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.

Have a Great Day

 

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For more information on sub-tropical Cape Coral and the Lee County area
                                  Contact

                                                                           Lois Davme with glassesies,ABR

        www.capecoralhomes.pro
            Cell: 239-357-5558                                                             
            Efax: 239-244-8975
    

     Century 21 Birchwood Reatly, Inc.
4040 Del Prado Blvd., Cape Coral, Fl.  33904
                      

 

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Rainmaker
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Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Lois,

Hopefully the jobs/economy will get it's much deserved attention. I am however encouraged by those areas of the nation that are seeing great improvement.

Steve

Sep 28, 2011 02:17 AM #1
Rainmaker
190,903
Lois Davies
Century 21 Birchwood Realty, Inc. - Cape Coral, FL
Cape Coral & SW Florida

Hi Steve....Fortunatley our area, from a selling point of view, is moving.  Our home prices are rising and our inventory is dwindeling.  With our 60% drop in values I have been encouraging Baby Boomers to take advantage of it.

Sep 28, 2011 02:48 AM #2
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Rainmaker
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Lois Davies

Cape Coral & SW Florida
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