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Thanksgiving thoughts are traditionally very personal spiritually or family oriented. I certainly love and cherish my family and friends (and dog of course) although this year my thoughts seem to be much broader and maybe in some ways selfish. The airwaves (ok, and wires) contain quite enough bad news about the world and its new global economy, thank you very much. And yet, there seems to be more hope in the air than I have experienced in a long time. As the incoming administration forms, their popularity is on an increase, a trend we have not seen for quite some time. I am as proud of my country as I can remember. An end to an unpopular war and a return to focus on our and the world's security seems close at hand. At least for now, there is a significant rebound in the stock market. Mortgage interest rates have already dropped a full point in response to FED action. FHA loans are scheduled to increase in 2009 to a 12% market share. Home prices, locally, are at the lowest point in almost 4 years. Buyer agency becomes more and more important as the market goes through an uncertain stretch and our office is seeing as good a year as ever. For the first time in a year we have as many sold and under contract properties as new listings. Please join me in plans to greet a new paradigm. And what would Thanksgiving be without a good old fashioned Turkey Shoot? Enjoy the day in a place of peace and expectation!
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