It might still look dark for some....

By
Real Estate Agent with William Raveis Real Estate

...and even if you can't see yet...there is light at the end of the Tunnel.

There is a reason why I love numbers. They don't give you baloney. They are what they are. We are free to believe or to ignore them, it is our personal choice and it will take pretty much the same effort, so I chose to share good news...

Over the past 6 months, even though we had some 'slow' months I see things getting brighter and brighter when looking at the 'big picture'.

The US housing recovery continues to gain momentum as June sales and prices rise higher according to the July 2012 RE/MAX National Housing Report: http://bit.ly/Q6ivzq

Have a wonderful Wednesday!

 

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Rainmaker
835,399
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

We are definetly in a recovery cycle.  It will remain if the government does not do something to hurt the recovery.

July 18, 2012 08:32 AM #1
Rainmaker
396,943
Gina Tufano
Ask Gina & Company with Keller Williams Realty Loudoun Gateway - Sterling, VA
Ask Gina & Company, Northern Virginia Real Estate

Great short and sweet reflection blog. It's hard as a Realtor sometimes to look at the bigger picture and not get caught up in the day to day, minute to minute tasks. And the numbers don't lie! 

July 18, 2012 08:33 AM #2
Rainmaker
570,370
Hella Mitschke Rothwell
(808) 226-1095 or (831) 626-4000
Hawaii & California Real Estate Broker

Noemi: You are right, stay with the numbers not the headlines. The headlines take a PIECE of a number and analyze it, making the whole real estate market either look BAD or, the next day, OVER THE MOON. We need to keep our head and look at the big picture.

July 18, 2012 08:38 AM #3
Rainmaker
161,476
David Farrell
David V. Farrell Co. - Garden City, NY
Licensed NY State Real Estate Broker

Noemi,

Your market timing may prove perfect.   Then again, the Blog jut a few behind you is about more agents being brought up on federal charges for creating fake comps.  We've also just found out that the largest bid-rigging scandal in the history of mankind has taken place with LIBOR (a/k/a LieBOR).  In effect, it produced non-market rates at the time during the crises when a real indication of rates would have been pretty helpful.

Guys like Jon Corzine, the head of Peregrine, Alan Stanfordd, Bernie Madoff, etc. are managing our finances.

Moving on, we are watching municipalities explode on a weekly rate and go bankrupt.  We've just seen that more and more of the Fortune 500 companies have underfunded retirement accounts.   CALPERS, the California Retirement Account just had a 1% annual return, when they work towards obtaining 8%.

In essence, we are seeing the greatest deleveraging in the history of the United States as money is being annihilated like particles in the CERN supercollider.  

AND - WE MAY GET 4 MORE YEARS OF OBAMA GIVING HUNDREDS OF BILLIONS OF DOLLARS TO HIS POLITICAL CONTRIBUTORS JUST TO WATCH THEM EXPLODE.  With the help of new Solyndras (enough said, but there are another dozen of them), the MainStream Media bias still bowing to Obaman, nd  the Chicago Obama Crime Syndicate headed by David Acelrod, they will slug their way back to the White House and continue its criminal campaign.

Oh, and we have an indicted Attorney General who won't be prosecutred, because he's the attorney general who is in charge of federal prosecutions!  You couldn't make this up.  

My suggestion is to buy gold, silver, guns, lead (for the guns), rural land, and lots of canned foods and bottled water.  However, I tend to be a bit paranoid. I just don't see a happy outcome in the near future.  Four more years = you better learn Chinese and the Yuan exchange rate.  

July 18, 2012 08:53 AM #4
Rainmaker
161,476
David Farrell
David V. Farrell Co. - Garden City, NY
Licensed NY State Real Estate Broker

Wow - i am way outnumbered, but not surprised. Stick with the numbers.  I'll just trick with those that actually matter.  Others can stick with those that are always revised 3 months later or the garbage made up by the N.A.R.  

 

July 18, 2012 08:55 AM #5
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Rainmaker
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Noemi Cardoso

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