The question of when economic recovery will come can be debated all day long, and I may be more optimistic than others, as there are still credit struggles aplenty; and it’s not only the end consumer that’s facing tougher credit guidelines.
However, I believe those same credit struggles that are making things tougher will make our market stronger in the long run and will help speed up our recovery, as they control the amount of new inventory coming into the marketplace.
One belief I’m not alone in though:
“When economic recovery comes, home prices will skyrocket.”
I showed you yesterday what inventory levels in the OKC market are doing. Are you timing the market, or will you miss the boat?
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