So how is the market

Real Estate Agent with RE/MAX

When you look at the amrket from the stand point of not just a Realtor but a historian of sorts you can see the direction we are going.  We went through this is the sixties, seventies and eighties.  We were due for a turn in the merket.  tHis one was just more complex.  When you look at the trends real estate as an industry went into a downturn in September 2007.  From then forward we have gone down.  With January 2009 we saw an upturn in many markets here in indiana a nearly 20% increase and some market as high as 30%.  This was a seasoal pick up but I feel it could be more.  Sice real estate leads the economy into the bad it shall also lead it out.  The refi market picked up with the drop in rates and so has the market overall.  As we watch the reaction that the governement will do twards real estate we will see more come to play. 


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Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
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I think it will take until the closing months of 2009 to be able to track an improvement.  

Feb 11, 2009 03:58 AM #1
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Marvin Burris

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