Sometimes we find ourselves dwelling on the negatives when there are a lot of positives that we should be focusing on. The media plays a big roll in that I'm sure, and most of the time all we hear is doom and gloom.
I want to point out a few positives today.
First of all there have been a lot of tourist around over the holidays. This tells me that even though some may have had their trips booked before the worst of the economic times struck they are still in a position to travel and spend a bit of money. I've noticed Americans, Canadians, and Europeans.
Second, gas prices did fall in the US as well as here and even though that may sound like a negative thing, in a big way this is good for the everyday consumer.
Thirdly, in an article in Real Estate Outlook: What's in store for 2009? by Kenneth Harney, Realty Times, Jan. 6, 2009, he mentions that Americans are actually saving again, the national savings rate took a nearly 3% jump last month. That might sound small, but it's hugely important if it is the start of a trend.
So there are positives out there, especially for those who may be or soon will be in position to buy. Take advantage now during the buyer's market!
Your Real Estate Agent in Abaco
~Mailin Sands
