Roger Tutterow Ph.D. and Dean of Economics at Mercer University gave his opinion to Sally’s Roundtable on the Recession of 08’ as it relates to Real Estate in my home state. It was great to hear that it seems we are now at or past the bottom of the curve and the expectation is that in late 2nd Qtr and Early 3rd Qtr 2009, we will see a noticeable improvement in some key statistics.
Tag Archives: market cycles
Wachovia Declares Recession in November Economic Report
The first paragraph of Wachovia‘s Report is a tough one, but I think a first real honest look at where we are in today’s market…. A Serious Recession Has Set In While the NBER will not likely get around to declaring when a recession began until late January or early February, there is little doubt [...]
Am I the only person looking for the pony in the pile?
I like to read Bloomberg.com. Their articles are more analytical than you will ever find at CNBC. However, while perusing an article on durable goods numbers, the typical doom and gloom from economists bemoaned the 1.1 percent September drop in orders. Of course, in August, the drop in orders was 4.1 percent. Why the long [...]
Real Estate Market Cycle Video
As real estate agents, we are constantly asked… how did the housing market collapse? why is taking so long to sell me house? is this the first time we’ve had a housing crash? when will it rebound? While we love to answer these questions and encourage everyone to ask more by contacting us here, I thought it may be worth having our readers watch this video produced by John Burns Consulting for the builder industry.