It seems that good news and bad news often compete for our attention.
A recent story in the New York Times suggests that an early chill has come to the real estate market, ahead of the winter schedule.
Meanwhile—the day before the Times story—the National Association of Realtors announced that sales for homes were up again in the month of October. Click here to see their take on the matter.
Implications: Perhaps the safest conclusion here is that, again, the economic recovery will happen more quickly for than others, varying by country, region, state, city, and even by company. Proof of that is offered in the original Times story cited above. (Click here to see an interesting “Top 20” city-by-city graphic.)
Perhaps it would also be wise to not wait for the recovery to happen to you, but to ask what you can do to make the recovery happen faster and go farther than it might for your competitors.
Mike Anderson
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