AASU Economic Monitor 2nd Qtr 2009

October 15th, 2009 by admin | Print

My expectations were realized when I received the new Armstrong Atlantic State University Economic Monitor, I was happy to see a leveling out and a focus on housing.  The second graph shows the increase from 1/2 to 2/3 from last year in housing starts bolstered mainly by first-time homebuyer activity.  Remember the tax credit will end on December 1st and with renewal will probably drop off starts in the second two quarters of the year.

  AASU Monitor 2nd Qtr 2009 L AASU Economic Monitor 2nd Qtr 2009AASU Monitor 2nd Qtr 2009 B AASU Economic Monitor 2nd Qtr 2009

While the news is not upbeat it is confirming the slow down in the rate of decline in our area but as Dr. Toma has said “the economy may be entering the initial phase of stabilization prior to recovery, but that the foundation for an immediate recovery is not yet present.”  To take adavantage of the federal tax credit call me today to discuss your options.

 

To view the full report please download it here: 

pdf AASU Economic Monitor 2nd Qtr 2009  AASU Economic Monitor 2nd Qtr 2009 (707.3 KiB, 94 hits)

This entry was posted on Thursday, October 15th, 2009 at 6:50 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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