Recession in the Real Estate Market

Everyone wants to hear that recession is ending. The person who gives the earliest date is the best man of the industry. Not because he knows all but because he gives hope.

This hope to be back in business and booking profits again. Any news which tells that bad days are over is lapped up first.

But the question is why should we look at all these people for guidance. If you want to have a tab on the real Estate Market look at the Rentals and what rentals say the main market will follow.

Another thing what is also important to note here is that the Real Estate Market follows the other market but just takes more time to react. (with a gestation period of about 9 months) If the main markets starts going north at this hour the real estate will start going north about 9-12 months from now. So just watch and keep your fingers crossed. If you want to survive be innovative, and innovation does not come cheap (unless you already have those people with you.) If you are a large organization, and now that your caravan is passing the desert, your survival and moving from one oasis to another will depend more on your hawks and horses than your camels. Now look and see how many horses and hawks you have, or you have only donkeys and mules. In the innovation end let me put one thing here that let your boys go to your old clients and specially to those who you have lost.(early business will be from them)