according to this article on CNN.com:
Pending Home Sales Increase
That's great news for everyone. As (pending) home sales continue to slowly climb many believe that it will bring the economy with it, slowly but surely. Now, no one can be sure, but it does sound promising. One thing we do have to keep in mind is the nearing of the deadline on the First Time Home Owner's Tax Credit. It is a bit of a waiting game to see if that is what is continually driving the sales up, or if it is going up of its own accord. But optimism can be the name of the game. The more optimistic our public is, the better things seem to do. Its when the media is filled with things that terrify us that we seem to fall apart and make their "predictions" come true. So let us all focus on the good points of these articles and hope for the best. Not just for ourselves but for our entire country.
So here's to seeing what happens to home sales after the First Time Homeowner's Tax Credit deadline is up. Let's keep our fingers crossed.
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Friday, September 4, 2009
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