First off, I wanted to wish all my friends(clients) and family a healthy and loving new year, but the inevitable question that everyone has been asking me is....will it be a Happy Barrie Real Estate New Year? With CNNMoney reporting that consumer confidence is down again, and that it is in fact at an all time low, and with the new year now upon us, it's no wonder that everyone is wondering what this new year will bring us and in particular for Barrie Ontario Real Estate.
Well , as Lynn Franco, director of the Conference Board Consumer Research Center, reports; the overall economic outlook remains quite dismal for the first half of 2009 with only a modest recovery for the second half of the year.
The good news?....Wells Fargo's senior economist, Scott Anderson, said pent-up demand in housing and low interest rates will lead the country out of recession once consumer confidence turns around. The number one “bright note”, he said “is that (housing) is about to turn the corner and will start to lead us out” of the current situation, perhaps as soon as early summer.
So does this mean a Happy Barrie Real Estate New Year?, well some will argue that only time will tell, but for those of us who already live in Barrie or who are thinking of moving to Barrie in search of their first Barrie Home, I can only say....YES! It is because of the current economic situation that more people are now realizing just how much more sense making a move to barrie makes!
Why you ask?....Barrie continues to be one of the fastest growing cities in Canada, and to find out more about Barrie and why investing in Barrie Real Estate can make more sense for you, feel free to visit and browse my website at www.barriefamilyhomes.com and make 2009 your Happy Barrie Real Estate New Year!