Clay Sparkman
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)
Clay is Vice President of Fairfield Financial, a primary source for private money since 1964. Fairfield is currently targeting loans in OR, WA, AK, CA, CO, ID, FL, GA, ID, MT, NV, NY, OK and TX, but is able to source loans nationwide. To submit a loan to Fairfield for consideration: http://www.privatemoneysource.com/loanproposal.php
Tags: Commercial loans, construction loans, hard money borrowing, hard money brokering, hard money investing, hard money lending, hard money loans, private money borrowing, private money brokering, private money lending, private money loans, real estate, real estate investing
The hardest part for some will be allowing themselves to believe in a turnaround. Those of us in the industry get to see it first hand.
We need to demand bipartisan solutions from our politicians and restore consumer confidence.