Wednesday, March 18, 2009

Finally Some Goods About the Economy

I know we all talk about how the press always puts the bad news on the front page and seems to make an effort of spreading bad news. With the way the economy has been for the past six months, I think they are in their glory. But, surpising enough, the last two days has brought news that it appears that the recession has "bottomed out".
This Canadian Press article which appeared in The Record today shows several signs in the United States that things are going in the right direction.
Time passes quickly. Many economists predicted that fourth quarter in 2008 and first quarter 2009 would be the worst. Guess what! That quarter will be over in a couple weeks!
Around our two offices, things seem to be picking up like a traditional spring market. Agents are busy with buyers and sellers. I read recently on an American real estate blog I follow that things appear on an upswing in many areas there as well after a two year slump.
Let's hope it keeps going.

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