Ruminations

Hey, I was just sitting here searching through some issues on the web, and I got to thinking about Cavuto's early Fox News program that I saw during my workout this morning. He had several real estate guests or, rather, several guests who had some opinions on real estate for the next period of time.

One or two of the guests were of the opinion that some areas were overbuilt with new construction; and that, plus the rising interest rates would, sooner or later, place a pall over the market.

But one of his other guests (I cant' remember who it was)said that the energy with which the economy was running was such that many more people now had much larger incomes, and they're spending it on property! Therefore the real estate market remained a superior vehicle for investing one's money - and would for a long time to come!

We here in Tyler, Texas see it that way.