It's all over the news that our recession is over. Let's be real here folks. They determined this because our economy grew 3 consistent quarters. It grew because of stimulus driven gains in consumer spending and home building which are now over. Household purchases may have climbed 3.4 percent nationally but we are a long way from where we should be. Here locally, according to the Willamette Valley Multiple Listing Statistics, 2009 is down 14% from 2008, 2008 was down 34% from 2007 and on down from there. So it isn't hard to climb a little after hitting rock bottom. Can this be sustained in 2010 and generate the much needed jobs for those still unemployed? Will they give us what we need in revising the tax credit that was only given to 1st time home buyers? We are still waiting ...
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