Review of Morgan Brennan’s: “How The Housing Recovery Will Take Shape In Coming Months.” (Brennan 2012). How The Housing Recovery Will Take Shape In Coming Months. Retrieved from: http://www.forbes.com/sites/morganbrennan/2012/09/26/heres-how-the-housing-recovery-will-take-shape-in-coming-months/
Great news everyone. We are closer to a recovery. Woo! Hoo! In this article you will read that the S&P/Case-Shiller Home Price Index just reported new numbers. According to the S&P/Case-Shiller Home Price Index, “every city tracked in the 20-City Composite has seen prices rise for three straight months and 16 of the 20 cities saw year-over-year increases. ” That’s a great boost to the economy. This is extremely impressive considering how tight lending is right now.
Unfortunately, we saw a slow growth in home prices and sales when the 2010 home buyer tax credits ceased. It has taken us a few years to bounce back from the slow growth caused by the stoppage of the 2010 home buyer tax credits. Another reason why we are experiencing a slow growth is because of lending. If anyone gets a mortgage loan from a bank, it must be their lucky day. The percentage of sales and home price increases might seem small, but at least they are a positive gain. Any positive gain is good for the moral of the country.
I agree with Brennan when she says, ” In other words, the very worst of the housing recession is finally behind us but the recovery ahead is likely a long one.” If it took a few years after the 2010 home buyer tax credit expired to have an increase, its going to take a few more years to be comfortable. At least this is evidence that a recovery taking shape.
Its time to get pumped up and ready for phase two of the recovery which is coming sooner than you can say, “blueberry pancakes.” Dust off your comfortable home selling shoes. Find that little black book with all of your clients and referrals. Home selling season is around the corner. Are you ready? Now is the time to make sure that your website is optimized for today’s real estate market. You don’t want ABC Realty across the street from you to get all of the business, do you? Don’t let them steal all of the good clients because their website had better rankings on Search Engines. Look no further than our Agent BizzUp Search Engine Optimization Services to get you noticed on Search Engines. Follow the link for more information on Agent BizzUp Search Engine Optimization Services.
To read the full article please visit: http://www.forbes.com/sites/morganbrennan/2012/09/26/heres-how-the-housing-recovery-will-take-shape-in-coming-months/