Real Estate Market is on the Upswing!
Website statistics for our primary web site, www.BestofHotSprings.com broke another record today! This site had 76,348 total hits during the month of March. That tells us that the real estate market is very active and heating up!
Along with this great news, one of my favorite financial analyst, Dave Ramsey, appeared on Fox News today and gave his opinion on the economy with much focus on the real estate market. Dave believes that the housing market will be the major player in getting the economy back in shape. He called attention to the most recent report on home sales being up around 5% in February nationwide. He also reiterated the wonderful opportunity for home buyers at this time with terrific interest rates around 4.5%, there is a huge inventory of homes to pick from, and then wrapped it up by stating it's the "best opportunity for buyers in 50 years". Dave also predicted that the real estate market would be "vibrant" by this fall and "on fire" by next spring. When asked "if we've hit the bottom yet?". He stated that he thinks we may have hit the bottom about a month ago and we're now on the upswing.
I tend to agree with Dave Ramsey, as we are seeing many signs of the upswing. Let's get busy and have a wonderful 2009.