The correlation between buyers and gas prices raise a few questions that are geared specifically to our profession. Housing sales slumped when gas was at $80 per barrel. With gas driving itself downwards the question is will buyers come back?
Many times as you`re aware people enjoy driving around and spending an entire day looking at homes, they were limited to do so when the price for Regular was $3.02. Today, the same Regular is $2.25.
I believe that we`ll start experiencing a spike in housing prices and quite frankly a signal that The Bubble Effect is over.As 2007 approaches if gas prices remain at affordable rates, people will see this as a sign that inflation is in check.
Naturally, the media will take several weeks to digest this data,but I assure you that they will come to the same conclusion that you and I are observing.
About The Scott Daniels Real Estate Group and Florida List For Less Realty,Inc.
- Florida List For Less Realty, Inc.
- Cooper City,Ocala, Florida, United States
- Buying a Home has never been easier! Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one if you're not familiar with all aspects of the process, and don't have all the best information and resources at hand. We use the latest technology for you to search the IDX/MLS. Visit our web site www.listfloridahomes.com From the comforts of your home, just "point and click" homes you wish to view. We pride ourselves with new technological platforms which make the entire home buying process simple and easy! Our comprehensive, high-quality services can save you time and money, as well as make the experience more enjoyable and less stressful.
