Industry NewsMarkets & Economy

Why I continue to be hopeful …

Perspective: CEO sees opportunity in downturn
Published on Nov 7, 2008

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by CareyBot

With the volatility of the stock market of late, there's understandably some uncertainty about how all of this will impact the real estate market. I've had the opportunity to listen to several economists recently, including Lawrence Yun from the National Association of Realtors, and believe it or not, I feel good about what I'm hearing.

Here's why:

The bottom line is that the situation is manageable and things will improve.

The most recent decline is due to the psychological impact of the stock market.

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