Friday, October 24, 2008

SOME GOOD NEWS.

The National Association of Realtors said Friday that sales of existing homes rose by 5.5% in September compared to August, the best showing since a 5.6% increase in July 2003, during the five-year housing boom.

Although the stock market is down again the morning, I think that folks are starting to wake up to the fact that real estate is the perfect place to put cash in a scary market. With the country printing money and giving it away everywhere, there's no doubt that the dollar is going to lose value, while goods and services will inflate. In this coming scenario, solid investments right now in real estate will preserve value over the long term. Check with us at http://johncmartin.com/.

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