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Prescience or Just Common Sense?

June 22nd, 2010

I’ve mentioned before that I see trends.  I think it is because I look for trends.  Everything we know points us to conclusions that are colored by what we believe.  Yesterday I read an article and thought, “well, duh!”.  Everything said was something that I had already identified and knew to be true.  The article just seems a little late to the party or am I prescient?  Certainly other people must see what I’m seeing.  If you read the popular press it keeps pointing out statistics that seem to show that the economy and real estate markets are improving.  From my perspective, we had an artificial blip produced by the tax credits and we have borrowed buyers from the future.  I don’t see new jobs being created and am not sure where they will come from, but perhaps China loosening their currency will help with exports.  Or perhaps it will help with cost of goods manufactured in the US so that they are more competitively priced so that we Americans will buy goods manufactured in the US.  That would help create jobs here at home.  Luckily for us all, nothing stands still and things will improve, but until people feel secure and feel they have options, the economy will be at a standstill.  The news isn’t all bad because the DJIA is still hovering around 10,000 and that indicates people are feeling more comfortable financially than they were a few years ago.  Let’s hope we can keep improving on that comfort level to the benefit of all Americans.

Oh yes, the article I read is right here for you to read too.  Enjoy!

Posted in Blogroll, Other Tidbits, The Real Estate Market |
economy|housing market|jobs

Remax

Kathy Genz
CRS, GRI, LHP, QSC, SRES
Broker Associate

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