Past clients, current customers and others often ask me "How's the market doing?" or "Bob, what do you think is gonna happen this year?" It's popular water-cooler talk. So rather than repeat myself a thousand different times, I've decided to just post my predictions and let the chips fall where they may.
Drum roll please...
Unlike most real estate practitioners, I see the real estate market and the economy in general having a really good rally starting in May and extending from June- mid August. So expect the phone to ring by the end of February and throughout the month of March.
The reason I say this has to do with the timing of the new president He's taking action early and because people tend to buy on emotion rather than logic, I expect the "confidence factor" to kick into gear by the middle to end of next month. People like to help people who are sincere and hard-working, and I think that's what Obama projects - a sense of hope and confidence. Alot of people like him - not just me - did you see the crowds on Jan 20th lining the reflection pond at the Washington monument and even the streets of D.C.? Pretty impressive.
So spread the word and let's get this party started! Tell everybody you know that you read it here first, June 2009 is gonna be a good one! Let's make it happen.
What about you? What are your predictions for 2009?
Comments(0)