Jumping on the Good News Bandwagon!
Record Jump in Existing Home Sales Reported … I have generally conducted myself as a glass half full kind of guy for most of my life. Understandably, the last two years have tested my resolve in that regard. After 24 years of success in the Seattle real estate business, things really got fuzzy for me trying to keep a good face on the state of the market while the wheels pretty much came off the bus in the housing sector. For the past few months there has been more good news than bad as inventory has been steady and sales have been gaining some traction in many local markets. While there are those that keep waiting for the other shoe to drop, there is plenty of evidence that things are turning around on many fronts and there are once again, many good reasons for renewed optimism to balance off lingering trepidation. Mind you, prices are still soft and no one expects there aren’t going to be some more bumps in the road, but as the attached article points out, some see that as part of the solution to a longer term fix. I am one of those who believe the media was largely responsible for talking us into the recession and so it is with a sense of mixed irony and satisfaction, I am happy to see them beginning to work on talking us out of it. For now, it is refreshing to at least find some good news to talk about for a change. Here’s to a glass half full!
