Neal's Blog

Why can't anyone agree that we have hit "bottom??"

When people say we live in uncertain times (in terms of the economy) they aren't kidding.  In the last week I noticed Time Magazine's cover with one arrow going up and one going down. The point? That none of the brilliant minds in business can agree if we are headed for a double dip recession or if the worst is over. Last Sunday's LA Times had a feature story from a number of experts essentially agreeing that no one can predict what will happen with the stock market and the economy even though corporate profits are way up and many of the usual indicators are overwhelmingly positive. Which brings us to my favorite topic - the Santa Clarita Real Estate Market. As you can imagine, the question I am asked most often is, "Have we hit bottom?" Often my clients will TELL ME why we have or haven't. If I were to line up the 20 top agents in our valley (whom I happen to network with every Tuesday), 10 would tell you why they are sure that the worst is over; the

Read more...
Posted by Neal Weichel on 07/29/2010 at 10:37 AM | Category: real estate

Re/Max of Valencia
25101 The Old Road
Stevenson Ranch, CA 91381
Each office independently owned and operated.