Clay Sparkman
I posted this on my broker blog post recently. It is slightly dated, but the good news motors on. Let us celebrate the positives. (Yet, at the same time, let’s hope that we don’t go over a certain fiscal cliff, out of control and doing 90 mph. It will be interesting to see how that one plays out–or not–and what impact the solution–or non-solution–has on real estate markets in 2013. Any thoughts on that?)
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During the past five years we’ve–most of us who make our money in the real estate market (in one way or another)–had a pretty rough time. Certainly, few of us ever anticipated that we were in for a slump of five+ years. And, of course, there have been the false-starts along the way (several)—real heart breakers.
But now, for the first time, I believe it is safe to say that there is solid evidence that a real turn around—however slow—is underway. And it seems that many of the big thinkers in RE markets would tend to agree. In that spirit, I thought we should celebrate a little. I wish to share (here) three articles that I found to be both compelling and encouraging.
Economists: Housing recovery finally here
CNNMoney, 10/3/12
http://money.cnn.com/2012/10/02/news/economy/housing-recovery-economists/index.html
Home Prices Rise Again, This Time on the Low End
The New York Times, 9/25/12
http://www.nytimes.com/2012/09/26/business/home-prices-climb-again.html?_r=0
Housing Market Recovery Hits New High in September
Forbes, 10/23/12
http://www.forbes.com/sites/trulia/2012/10/23/housing-market-recovery-hits-new-high-in-september/
— Clay (clay@privatemoneysource.com, 503-476-2909 or 800-971-1858)
Clay is Vice President of Fairfield Financial, a primary source for private money loans since 1964. Fairfield works with a broad range of private money investors, in a broker capacity, finding, underwriting, presenting, closing, servicing, and when necessary, assisting in the workout of difficult loans.
Tags: economy, hard money investing, hard money lending, hard money loans, private money investing, private money lending, private money loans, real estate, real estate investing, trust deed investing, trust deed lending, trust deed loans
