Thankful For What What We Have

More mixed data to digest today… some good news on the unemployment front and consumer sentiment, more bad news on new home and existing home sales.  I’m feeling a bit like I’ll feel tomorrow at about 5:30: overwhelmed, overstuffed but confident there’s room for just one more piece of pumpkin pie…

The housing news is disappointing, but not entirely unexpected, even though the economists were surprised.  It’s an up and down recovery in housing, plain and simple.  I expect this trend to continue at least into the spring of 2011.  Spring is traditionally the buying season and there is usually a better selection of property and better appreciation for sellers as more buyers prefer to purchase heading into summer.  Even then, I expect a somewhat muted improvement.  However, I do believe things are actually improving out there and I expect as the economy gains traction, housing will once again be the little engine that could, and for this I am thankful.  Now about that 2nd slice of pie…

About Tim Freund

Tim Freund has been a licensed real estate agent/broker since 1990. He spent 14 years as a new home sales rep, ran his own boutique resale brokerage for 5 years and is currently an Estates Director for Dilbeck Estates/Christie's International Estates in Westlake Village, Ca. Tim is a Certified Residential Specialist (CRS), an Accredited Buyer's Representative (ABR), a Corporate Mobilty Specialist (CMS) and a Senior Real Estate Specialist (SRES). Tim has successfully negotiated a loan modification for a client and is a professional short sale negotiator. Tim has been married 28 years, has 2 children, is a native Californian and has been a resident of the Conejo Valley since 1991.
This entry was posted in Economics, Real Estate and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s