1,664,036
I rubbed my crystal ball but it wouldn't show me the future. For now I work and I save.
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Jill Moog
Carlsbad, CA
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John McCormack, CRS
Albuquerque, NM
784,786
2,187,462
When it comes to housing recovery, it's all about affordability. Most people want to buy homes... whether it be a first time home, move up or scale-down. If they can afford them they will. When they can't they won't. Right now, I think rental prices are driving people who don't even want to buy homes to consider it. It's kind of crazy... so John McCormack needs to get that crystal ball working!
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John McCormack, CRS
Albuquerque, NM
1,728,056
1,552,918
Speaking for San Diego's 7 major industries and Real Estate Market; we've recovered and are conservatively growing, compared to other markets in CA.
We're more worried about water at the moment; send rain please.
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Sandy Padula & Norm Pa...
, CA
6,416,169
We probably have another year before the correction, unless somebody does something stupid like start a trade war, or other war.
699,277
1,157,791
In Canada, news reports are saying that we are moving back towards recession.
809,829
I wish I know.
I have buyers that are holding off to the spring of 16.
I know of sellers who want to sell while the interest rate are low and people can afford the monthly payments for the value they want out of the home.
1,677,265
This is what I'm reading & hearing is an ongoing recession for the middle and lower classes who do the majority of working and spending in this country. The rich continue to spend their stock market winnings at exclusive boutiques and high end retailers like Nordstrom, but the average American is being sucked into the abyss by rising food prices, rent, home prices, tuition, and the Obamacare driven health insurance and medical costs. With declining real wages, they have less and less disposable income to spend buying cheap Chinese goods at their local mall department stores along with everything else. Very concerning needless to say.
1,077,931
I think things are propped up artificially, but I don't know if difference between what we see and reality would drive us all the way to recession.
4,800,132
I don't know. Though, I don't think we're heading for another recession. Consequently I'm not sure how strong this so called recovery is either.
765,973
The economy is still staggering and hasn't yet recovered from the 2008 crash. Home prices are about 10% below their peak. Young people are just beginning to start thinking about home ownership. Jobs are back but wages are stagnant at best. We are no in a stable economy but just at the beginning of a long term upward trend. Bidding wars are still our future.
970,983
The data that present this morning was not stellar. We are just holding steady as a economy goes.
613,494
921,504
What do you expect a recovery to look like?
Is the expectation a mirror image of the previous false economy created by Bank of America?
What we are experiencing right now IS THE ECONOMY.
What happens in China may have more to do with our future and economy than those things we perceive to have control over.
913,348
292,685
I think it is a slow recovery but this is an election year and real estate is down on the list. I think the job market numbers are going to cause the fed to raise interest rates and that is going to have an impact on some buyers trying to enter the market and the new Closing documents are going to push delays affecting stats which are always 60-90 days old.