More Half-Full Glasses The deeper the slump, the zippier the recovery. —The Wall Street Journal (9/19-20, 2009) Just six months ago, the mantra of the hour was, “the bigger the party, the nastier the hangover.” That was succeeded by the “green shoots” metaphor. Now, I am seeing variations on “the steeper the fall, the more...Read More
More Demand Coming Off the Sidelines?I wouldn’t say its a trend, at least not yet, but at my Sunday open house I encountered an encouraging sign for the housing market: a couple in their late ’50’s – early ’60’s, now renters, contemplating buying my client’s (very nice) townhome. Their credit was (more than) fine, they...Read More
