Nov 4, 2008

Housing Market Bouncing Back

The government has slowed the global financial tailspin and the parachutes have slowed down the freefall. The question still remains as to how much it has softened the blow upon landing.

Once the election is over and we are given the chance to straighten up and dust off, it will take a while for the country to heal bodies, souls and wallets. Fortunately, in Texas we didn't have far to fall and we have a lot of cushion (including one big pad called Barnett Shale).

The down cycle is ending in Texas and a new cycle will lead to new heights. In the interim, people are selling and buying and getting loans. I'm feeling a bounce in my step already.
[where: 75230]

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