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Markets Seem to be Rebounding

April 27, 2012

As Paul Revere once said: The buyer’s are coming, The buyer’s are coming. Wait ok that was in a dream of mine mid last week. It seems the markets are beginning to improve and sales have picked up slightly. Unlike other real estate agents in the area whom say the market is wonderful I am here to give you the truth. I believe we are at rock bottom. I see interest rates inching upward and I simply do not see a doomsday scenario on the horizon. When looking at numbers for Tangipahoa Parish we are running roughly 12% above last years totals to date. Foreclosures are still rampant, but the ghost inventory most were speaking of seems to have all but fallin away. For me and my team it is now full speed ahead and yes damn the torpedoes. Let us just hope our politicians get on with the business of governing and quit messing with the Real Estate Markets. Let them balance themselves. They will quickly.  Come and see for yourself at www.tangiproperties.com

 

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