Well, the past few weeks have been a roller coaster ride and we aren’t out of the financial ride yet. But, in the meantime real estate markets that were solid or flat are still that way and riding out the storm. Right now, most of the US housing areas and specificlally the Lake Geneva market stopped declining and are stabilized, waiting for the upswing. But we are painted with a broad brush and characterized with those markets that had a big boom and an even bigger bust. So what is the deal? Real Estate is LOCAL and local conditions drive pricing and activity. We need Buyers. We need Buyers to regain confidence and move to purchase. Local, small banks are ready and willing to make loans. Are you working with a Realtor that knows the numbers? Has a relationship with a Bank? Can give you the data you ask for? If not, move along and find the professional sales person that this type of marketplace develops.
This is the time to be purchasing……..invest now!