Greetings to you, my fellow bloggers:
I recently attended the annual REMAX convention to start us realtors off on the right foot for the new year.
Many REMAX industry experts and analysists were on hand to share their insight and to keep us pumped for the year ahead.
Their message – 2009 will be just fine! It is our personal responsibility to protect ourselves emotionally from the all the negative talk out there.
Check out the graph above, presented to us by Michael Polzler, Regional Director and Executive VP, REMAX Ontario/Atlantic Region.
Very revealing… Yes, there has been a dip from 2008 to present. However, even at the lowest point of this softening, prices are still $200K MORE than they were in the 1980’s recession. Don’t believe me – just look at the facts presented on this graph - things really are OK, we will wake up tomorrow and get dressed and continue on with our lives.
So, what this graph brings home to me is that:
- Real Estate IS an excellent investment, in many different market climes.
- And again, YOU CANNOT LIVE IN YOUR MUTUAL FUND!
What does this bring to mind for you?
my warmest regards,
Lindsay
