Are We Overly Optimistic About the Return of the Housing Market

David Resler, chief economist at Nomura Securities states, " The worst of the housing recession is now behind us." Keystone Custom Homes in Lancaster, Pa had its best June since 1992 and as president Larry Wisdom says, "We doubled our sales in May, and then in June it took off."

We, Americans pocess an inherent positive attitude to most everything. We are a half glass full country, eternally optimistic and always forgiving. Great traits that just seem to come with the territory. So, when it comes to something as important as the "American Dream" of owning our own homes, it is no surprise we look for every inkling of positive news so that we can all fulfill our dream. There are many indicators that say the housing market is rebounding, there are also experts saying that a complete recovery will still take time and the market although recovering is still not where they would like it to be. However, we as true blue, red blooded Americans are optimistic that the recovery has already begun and we are headed in the right direction. Optimism and a little faith has always been what has put America at the top of the food chain.

Inventories are decreasing, sales are up, mortgage rates are low so there is reason to feel optimistic. The spiraling downward has definitely stopped and it looks positive coming into 2010 that we are putting the worst behind us. Before prices increase too much, this seems like a perfect time to buy. The Ridges at Tellico Lake, a gated mountain community at the foothills of the Great Smoky Mountains is offering a superb deal on two gorgeous homes ready for immediate move in. Both homes with spectacular panoramic views and beautifully furnished are being offered at fractional ownership from just $149,000. Estate size home sites are also available. For more information regarding these opportunities please visit www.theridgesattellicolake.com or call 239-253-2332.