Good News is out there!

Goods News You Don’t Hear

  • Corporate cash flows are their strongest in 25 years.
  • Interest rates are low (below the average 7.1-% over the last 8 years).
  • US home prices are down to 5.7 times per capital income (October 2005 was 7.3).
  • Measures that took Japan 10 years to implement to fix their financial problems, has taken us 90-days.
  • Money from overseas is flowing into the US Treasuries (we are the world’s engine).
  • Existing home sales highest in a year (up 5.5% August to September).
  • New home sales up 2.7%.
  • Inventory of unsold home fell 7.3% (biggest drop in 4 years).
  • The dollar is strong again.
  • Oil prices are dropping (almost $20 less than 60-days ago).
  • There are more TV segments on where to make $$ in real estate.

(Note: the above is from our friends at SunTrust)

I hear and read a lot of bad news these days but sometimes we just need to look a little harder to find the good news. We are the Strongest Country in the World and our Freedoms are what make us a gret Nation!

Go out and look for some good news today, it is out there!

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About Charles McDonald

I spent 20 years running an Engineering Firm in the Silicon Valley and apply technology to help my clients when looking for Charlottesville Homes. Whether you’re a Charlottesville Buyer or a Charlottesville Seller , call or email me today. We will discuss how I can best serve your Charlottesville real estate needs!

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