CONSUMER CONFIDENCE IN EVERGREEN COLORADO REAL ESTATE
The downturn in the economy has wreaked havoc with many consumers. Unemployment claims continue to rise and fall each week with many businesses still laying people off. For those people who have jobs they have been saving their money not knowing whether or not they will be next on the chopping block.
February 2009 saw the lowest Consumer Confidence report ever. Just this week a new report has come out citing Consumer Confidence maybe on the rise getting to over 70 percent. The report also cites that consumers may, in fact, be shopping again. Lower gas prices at the pump have also helped to put more money in people’s pockets.
Some consumers are contemplating purchasing a new car or a new home within the next six months. This is good news for car manufacturers and real estate agents. The stock market seemed to like what it heard because it rallied on all this positive news.
Have we turned the so-called corner, will we see jobs increase with more and more people being able to get off unemployment and feel whole again? I feel like we are on a seesaw – one day the news sounds great and the recession is over – the next –well maybe not so fast.
I do believe in the trickle down effect which is, taxes need to be reduced and excessive spending needs to stop. When less money is taken out of people’s paychecks and more money is put into people’s pockets this gives them buying power. With this buying power more jobs are created and more people are hired, thus the cycle continues with the economy on the road to recovery.
If you are considering purchasing a new home, please call, email or visit Mark English Real Estate on the web at: www.evergreencoloradoliving.com Getting pre-approved for home loan is the best way to be ready to strike when you find that perfect home, just go to: www.aloan2own.com and fill out an application. Can’t decide on what home to purchase, call Mark English Custom Home Builder and let him help you design and build your next new home. Real estate is not only the best investment you will ever make, but it is where you will create memories for you and your family.