What? The Sky isn’t falling?
I love seeing little stories like this cross my desk. Maybe I’m poking too much fun at the media. What I do know is that in the world of investment real estate there is a level of educated and seasoned buyers that buy today, yesterday and tomorrow. They look at the underlying fundementals. But, there is also a level of buyers that are really less seasoned … almost wanna be real estate investors. These wanna be’s are waiting for the positive information to come across the evening news. I guess they’ll wait for the crest of the wave.
The head of the International Monetary Fund (IMF), which oversees the global financial system, said yesterday that ”a soft landing now seems more assured” for the United States, and world economic growth should approach 5 percent in 2007. read more
-Kyle Dreier