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Real Estate Gradual Recovery

  • Ned Chatelain
  • Jan 27, 2012
  • 1 min read

As the real estate market is poised to gradually recover, what is needed today for the many buyers who can't seem to jump into the market, is a very large dose of confidence. Confidence would alsohelp the brokers and agents who have been doing battle for a very long while.

We've got several things that appear to contradict a quick recovery, like the horrendous credit issues with appraisal standards that make your head spin. Add to that the general bad economic news that is constantly in the media--high unemployment, economic turnaround that is there or it isn't.

But--when you counter all the negativity and uncertaintyabout the election, we have very low interest rates and a plethora of houses to choose from. Prices could not be more attractive. We should be focusing on that news and get the word out--that'll inspire confidence and will get the market moving.

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