Orlando Real Estate

Camelot Revisited

November 7th, 2008 2:00 PM by David W. Welch

Maybe the media should get over the comparisons to Kennedy, and focus on the work ahead for our new President. I really have a hard time believing that anyone really cares what designer Michelle Obama is wearing when they are losing their job or their house. I don't think that Mr. Obama is the type to let all this go to his head, but I do believe that it can be a distraction for him. The last thing he needs right now is distractions. Every candidate makes a lot of promises to the American people to get elected, and this year was no exception.

It is time to get to work Mr. President, and I think most everyone can agree that job number one for you has to be the economy. My advice would be to put the negative partisan junk behind us and start focusing on positive forces in the marketplace. Home prices are down all over, and relatively affordable compared to the last several years. The unsold inventory of homes available for sale is still high in most markets around the country. Interest rates are still at historically low levels. It would do wonders for our economy if people would just start buying homes again.

Greed pushed home prices to the brink, and fear toppled them over the edge. We are now at the bottom looking up, and more than ever the American people are looking for positive leadership. Personally, I think Mr. Obama would do the country and his administration a great deal of good by encouraging people to make the investment in a home or income properties. I cannot speak for markets outside of the Orlando area, but Orlando real estate is poised for a comeback. We just need a little more encouragement right now. A push from Mr. Obama could really make a difference. If he starts speaking positively about home buying, I might even vote for him next time.

David Welch, Orlando Real Estate Blog

Posted in:General
Posted by David W. Welch on November 7th, 2008 2:00 PM

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