Today I stumbled on a great article about the recession, and what the “experts” expect to see. Many of us in Oregon will be pleased to see that the expectation is for Oregon to recover sooner than most others.
What does this mean? It can mean a lot of things, but I think in Central Oregon we will see;
- More technology jobs than before
- Home prices stabilizing –
- Less bank owned home and short sales
- Interest rates to rise slightly
Now none of us have a crystal ball and I am not stating that any of this WILL happen or WHEN it will happen, but it is great to see others putting it in print to the public that the end of these times are near.
As a buyer – now may be the beginning of the end of the market we have been in. It is time to get off that fence before prices raise, interest rates raise and you pay a higher dollar.
As a seller – things may be back to “normal” sooner rather than later.
The Article I read was – Which States Will Be Early Risers? – click on the title to read the article for yourself – it has come great maps, and information about every state.