I am not qualified to declare the recovery under way, as I am a Realtor here in Scottsdale working the metro Phoenix market selling REO, Foreclosures, Bank Owned, Retail and Short Sale listings. But I am qualified to say, the real estate market is on fire. There is a shortage of homes priced at today’s market value and with a little help from the banks we could be selling even more homes.
So there!
Just my opinion…Jeff Cameron
Most Economists See Recovery Beginning
By MAE ANDERSON
AP
NEW YORK (Oct. 12) – More than 80 percent of economists believe the U.S. recession is over and an expansion has begun, but they expect the recovery will be slow as worries over unemployment and high federal debt persist.
That consensus comes from leading forecasters in a survey by the National Association for Business Economics released Monday.
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