I was at the gym this morning and Jane was on the treadmill next to me.  She told me that she saw where CNN stated that the recession was over.

A long time ago I found out that I don’t believe what I read in the paper or hear on the news.  If the press is finally saying the recession is over people will begin to believe it.  The press started this recession and they can end it.

A Realtor friend of mine gave me a bumper sticker that says, “The Recession is over, Buy a house”.  I laughed.  As Realtors, if we can let people know that the market has bottomed out and now is the time to buy, I think you will see people buying. 

I am completely convinced that on Hilton Head Island there are hundreds of people wanting to buy, but they are waiting until they feel like the market has bottomed out at which time they will enter the market.

Advice to buyers – buy now, because if the press is saying the recession is over people will start entering the market and all those “good buys” will not be available. 

There are probably eight to ten great values in each plantation; once those are sold we will be back to a normal real estate market.  Buy now or you will regret it later.