Warren Buffet says the housing
market will start to recover
by 2011. That is when he predicts demand will catch up
with supply, but I have
a question. Warren, don’t we have to fix the economy first? Over the
past year
we have watched the deficit explode to a record high, unemployment has
skyrocketed to over 10% in most areas, and then lending has all but
become
impossible to obtain.
So, how is the housing
market going to improve if more and more foreclosures
are coming on to the market, unemployment has no sign of
slowing, and the
deficit continues to rise? Does this signal a change in the real estate
market?
I hope you are right
because my livelihood is a stake as a real estate agent,
but at the same time, I don’t have a lot of confidence in our
government. So
far, their solution is to throw money at the problem and not actually
let the
market correct itself. I think if we actually let business do business
and keep
the government out of it, we may actually recover. However, I think we
are
going to see a lot more situations like the ones we have with GM and
IMB right
now, where they are basically government owned.
So, Warren, what are the indicators you are using to determine that we are about to recover? Inquiring minds want to know.
Todd Clark - Broker / Sales Coach
All Brokers Real Estate
Phone: (503)524-9494
Fax: (503)622-8739
Tigard Oregon Homes for Sale, Tigard OR homes for sale, homes for sale in zip code, 97223,97224, Tigard Oregon Realtor, Tigard OR Realtor, Tigard Oregon MLS Search, Tigard OR MLS Search, 1st time home buying expert, short sale expert, avoiding foreclosure in Tigard, helping families home, LivingBeaverton, Townhomes for sale, home for sale, house for sale, Bull Mountain North, Bull Mountain South, King City, Mountainview, Greenburg, Summer Lake Neighborhood, Summerfield neighborhood, Tigard neighborhood, Walnut Grove Neighborhood. Tigard Oregon Real Estate, Tigard OR real estate, Todd Clark, (503)524-9494, WWW.LivingTigard.com, www.IFoundYourNewHome.com, www.SavingyouFromForeclosure.com
©2010Todd Clark - Originally posted at Thank you Warren, but don’t we have to fix our economy first?
