WebTV Realtor - Corpus Christi REALTOR Makes Summer Time Economic Predictions
April 17, 2008
WebTV Realtor: Corpus Christi - Padre Island, Texas
Mr. C. KIM McGuire Makes Economic Predictions
This is by far not a prediction desired by any good soul, and especially by an Optimist. Nevertheless, the reality is such that one cannot escape the facts.
As I have been saying for several years since the gas prices have been climbing above $1.75 per gallon (87 octane), our economy has been becoming unbalanced and the societal impact is at an all CRITICAL need of a tourniquet.
Summer Time Predictions
- National Average for Gas Price will reach >$4.00 per gallon.
- Cost of Food Prices will continue to increase.
- More Semi-Tractor Drivers across the country will have Protests and Highway Slow Downs.
- Layoffs and/or Week out of the Month shut down at Truck manufacturing plants.
- Auto Parts factories - Layoffs.
- More Local Small Businesses will have more layoffs.
- Nationally, Unemployment will increase.
- Cost of Electricity will increase.
- More Trucks and Larger Vehicles will be up for sale by owners.
- Auto Manufacturers will offer Significant Discounts and Rebates on Trucks and Larger Vehicles to off-load inventory.
- Relatively wide spread injuries, sickness, and increase in heat stress related deaths during summer as a result of increase in electricity cost and some people not being able to afford cooling their homes.
- Stock Market will be unpredictable.
- Increase in Divorce Rates in 2009 to 2011 as a result of economic stress of 2007 to 2009. (Increase as compared to years past.)
- Increase in crime rates as compared to years past.
- Continued Increase in Foreclosures and Bankruptcies.
- Buyers market will continue throughout 2009.
NOT All is bad! What goes down or becomes depressed will go up and be happier times ahead!
KIM can sell any homes and lots listed by any realty agency. Ask KIM for Buyer Representation. NO cost to buyers! KIM also can help with rentals.
Note: Contents of this article are the sole opinion of the REALTOR. Just like anything else in life, individuals MUST use their own research, analytical, decision, and prediction skills!
Padre Island Weather: Gorgeous! Peachy! Beachy! FUN!
Optimism is in my blood! I have Attitude of Gratitude and that's what I teach my Twins. Optimism is a matter of viewing On Top of the Box, All Around the Box, Under the Box, Outside of the Box, and yes, In The Box!
Cheers, KIM.
Contact Mr. C. KIM McGuire, n-PRO @ 361.215-8612, a Coastal Area Real Estate - Corpus Christi to Padre Island to Port Aransas Realtor, for Your Home Buying, Selling, or Rent needs
KIM McGuire Sells "Home Sweet Homes!"
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