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Long Road

With home sales and price numbers out today, there is a lot of talk about the housing market.  Robert Shiller said today that we may not see a real turnaround in housing in our lifetimes.

That’s a big statement, but Shiller knows what he’s talking about.  This, of course, has a big impact on the economy overall and one has to wonder if we’ll see a real turnaround in unemployment in our lifetimes.  Hopefully we will, but we may not see anything significant for a long time.  All of this hammers home the fact that we are on a long road.  That’s not a bad thing if you are prepared for it and can do well in not so hot economic times.

 

Todd Kmiec

Todd Kmiec and Associates

todd@toddkmiec.com

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