Heath's Blog

head_left_image

Is Stock Selling Preceding Real Estate Buying?!

The election is over. Business planners can forecast the next two years better than they have for some time. Real estate values all over the country are lower than they have been in years. Interest rates are lower than they have been since Eisenhower was President.

When I look at the stock market and I see the selling of stocks, when I read that savings are historically high, and when I see my real estate market moving faster than it has in years, I am excited by the possibilities.

Is the selling of stock preceding increased real estate buying?!  While we continue to hear that mortgages are still in trouble, and that there are many people having hard times, there are a lot of people using their solvency and good financial position to take advantage of prices and rates.

Real estate closings in my area, and for me personally, are up!

What do you think? Is the selling of stock preceding increased real estate buying in your area?!

Happy Selling and Listing!

 

Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

REindex.com, The Site Engine®
508-274-5613  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

James Heath Coker | Create Your Badge

Comments

I think that stock market recovery usually preceeds general economic recovery by a few months.  We will need a fairly substantial recovery in employment and business health before the change is reflected in housing. 

Posted by Mike Carlier, More opinions than you want to hear about. over 9 years ago

Participate