What About Real Estate Scares You?
January 16th, 2009 // Categorized under: Real Estate News
Franklin D. Roosevelt said, “The only thing we have to fear is fear itself.”
In times like these, facts are what we need to focus on. Below is a 13 month look at interest rates. If you couple this trend with the enormous number of buyers that have been hitting the streets lately, the news is good.
It is important to reinforce to everyone that our economy is designed to have ups and downs, that is how we adjust.
During these periods of adjustments it is always better to deal with facts rather than fear. We will pull out of this current period of adjustment and the housing market will most likely lead the way, much like they lead the way in .
The good news is, if you are a buyer there has never been a better time for you! There are many options to consider, all of them positive for the buyer, low interest rates and low prices to name two. If you are a seller, the good news is there are many more buyers today than there have been for many months and multiple offers are back.
So, look at the facts of the situation and know that the current market adjustments are necessary, can be helpful, and will end. The facts I read say we are heading toward the end of this adjustment period.
This chart is only one of those facts that point to a positive trend.

More Facts To Come, So Stay Tuned!
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