Monday, December 31, 2007

Hope from the Post

Yes, the RE market has sucked rather royally of late. But according to Kenneth Harney, WaPo RE Columnist who has been doing this longer than I've been alive, it's just a cycle and we'll be OK in 2008:
"Even through the grimmest headlines of 2007, there were a number of
positive underlying economic forces propping up real estate and keeping
it from a true bust. If those forces continue, they should help cut the
time needed for the correction cycle to bottom out and the inevitable
recovery cycle to begin."
Sounds good to me! I hope he's right!

Read it here:

There's Reason For Hope Next Year


Over and out!


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