Real Estate market continues to improve

Posted on Dec 14, 2009 by Paul Kaplan

Two articles I reviewed this weekend that are both worth reading:

Stupid or broke? – An interesting article written by Marc Roth of BusinessWeek describing the nearly once in a lifetime buying opportunities in residential real estate. Sometimes feedback from a third party stimulates otherwise difficult conversations surrounding pricing with our sellers or a sense of urgency with our buyers. http://www.businessweek.com/lifestyle/content/dec2009/bw2009127_753974.htm

Phase 2 of the Market’s Comeback – An interesting editorial in the New York Times yesterday written by Paul J. Lim. Words of encouragement and caution. In the equity markets, the small caps rallied first, followed by the large caps. As we enter year-end and 2010, investors seem to be cautious of a correction of up to 10% before the bull gains more momentum. So while we seem to be poised for volatility in the equity markets, real estate seems to be stabilizing and, just maybe, ready for modest growth. http://www.nytimes.com/2009/12/13/your-money/13fund.html.