Friday, July 9, 2010

Mid-Summers Blues

Spring started out with the promise of some really good real estate activity. The early summer before the 4th of July -- there was a serious stall in the market which was absolutely tied to the demise of the stock market and tied to consumer conference among affluent Americans. In the last 3 days the stock market has gone up, the interest rates have gone to the lowest they have been since they started tracking them in 1971 and the Russian Spys have been captured. Curiously, our market is all about consumer confidence and we are only a few days away from significant upswing in confidence. Enjoy the rest of the summer and fall because the bad days are behind us.

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