"The Pace of Decline Appears to have Slowed Significantly"

Today, Federal Reserve Chairman, Ben Bernanke told lawmakers that the economy has started to show signs of stabilization and reiterated that the Fed will be able to keep inflation at bay, which will encourage banks to start lending again. He is quoted as saying, "the pace of decline appears to have slowed significantly and final demand and production have shown tentative signs of stabilization."

Caterpillar was up 8% today - As Cat goes, so goes the country - 

The stock market is on a run, ending today, on a six month high.

So, it looks like we may have seen the worst of this downturn, and the economy (the worst since the Great Depression) is rebounding. As Yogi Berra said, "It aint over til its over" - but things are looking up.

So, it may just be time to start looking again for that second home or vacation home. The hottest second home concept, growing rapidly is the fractional home market. The Ridges at Tellico Lake at the foothills of the Smoky Mountains is offering two fabulous mountain retreats for fractional ownership. Award winning with spectacular mountain and lake vistas these homes are exquisitely furnished and ready to move in, from $149,000. For more information on these homes please visit www.theridgesattellicolake.com or call 1-877-Tenn-A-See (836-6273).