IS THE RECESSION OVER IN EVERGREEN COLORADO REAL ESTATE?
You hear it on TV by the talking heads and see it on magazine covers that the Recession is over, but is that true?. Layoffs have slowed since many businesses have cut as many jobs as they can, and the stock market is rising also signaling a possible recovery around the bend. Many economists are changing their theory and now saying things seem to be getting better or leveling off with the economy beginning to grow again in the third quarter, but that unemployment will continue to rise as a lagging indicator.
The retail sector showed some signs of strength in June in such categories as electronics, appliances and sporting stores, however, merchandise chain stores and large retailers like Walmart actually fell while clothing stores were unchanged.
Wholesale prices rose fueled by higher gas prices at the pump as well as higher food prices at the grocery stores
Some homebuilders have started building again. Housing starts and permits have risen for a second month possibly showing some signs of a recovery. The Commerce Department reported last Friday, July 31, 2009 that the housing market is starting to stabilize with housing starts rising to 3.6%. Of course this is great news for those of us who want to purchase a new home.
It does seem as you weed through the numbers and figures, that there may be a chance of a slight recovery in the second half of the year. Some reports do give a glimmer of hope.
Homes purchases are still the fuel that churns this economy and now a great time to take advantage of the low housing prices before the inventory falls and prices start to increase. Don’t be left out in the cold, if you are contemplating purchasing a new home, get pre-approved now so when you do find the home you want you are ready to close quickly. Go to www.aloan2own.com today and fill out an application.
We are MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGES SERVICES and are Your one stop shop for all Your EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER and are looking forward to serving You with all Your Real Estate needs. Please, give us a call at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com . Don’t forget to register for Your FREE BUYER INCENTIVES.