A turn for the better...

Over the past couple of months I have witnessed signs of the economy slowly making a turn toward recovery. Home sales are on the rise as well as the demand for the more sought after properties, in turn driving the prices right back up, and creating a demand and somewhat of a mad rush to pick up the best properties available in this investor's market, which the banks now seem to have the upper hand! Traditional home buyers are still a bit choosy about how much they are willing to spend of their hard earned money, and or how much they are willing to compromise on when it comes down to purchasing a home. Sales in that aspect are still a bit spotty, however, it seems that over all the market is making that turn for the better... due to the over saturation of investors who are realizing their great potential from this ravished market, and their inevitable future profits from a "rock bottom market". So, I hope everyone is looking for and purchasing the home of their dreams right now! Because these prices are on the rise and with prices and competition going up rapidly, many may miss out on that once in their lifetime chance at home ownership! And others may miss out on that affordable investment/income property. This recent recession and or depression, will hopefully prove to be a once in a lifetime happenstance. The circumstances behind this "perfect storm" will most likely not occur for another 100 years or so, or at least not until most have forgotten what it took get us here in this position in the first place.