I’m not a Harvard trained
economist, I’m just a salty business guy who’s been around the block a few
times or maybe has been put through the ringer, but it seems to me that we
bottomed out about 3 ½ months ago.
As I travel around talking to
brokers and seeing the general flow of business it appears that the market has
stabilized for now. We do still face some challenges with high unemployment,
increased national debt and the Alt-A mortgages starting to default, but I believe we’ve
entered a period of relative stability in the housing market and the larger
economy.
It appears that people have
gotten over the initial shock, adjusted their lifestyles and begun living
within their means, and are now beginning to make sensible purchases again.
The key ingredient in this
market is making sure you are providing a lot of value and being cost conscious
for your customers. If you’ve checked out Buffini & Company’s three Coaching Solutions you’ll see we’re starting to lead by example in
that, and while it’s not time to throw a parade just yet, it is time to cancel the pity party.
Keep plugging along; things
are going to be just fine.
It’s a good life!
Brian