Welcome to the first installment of the Peak Performance Team’s blog!  You can say, “I was there when they began…”

I’m not an Ivy League economist, I’m just a Realtor who’s been around the block a few times or maybe has been put through the ringer, but it seems to me that we bottomed out about 3 ½ months ago.

As we continue to plug away at our business on a daily basis, I’ve been chatting with other agents and it appears that the market has stabilized for now. We do still face some challenges with high unemployment, increased national debt and the adjustable rate mortgages (ARMs) starting to default, but I believe we’ve entered a period of relative stability in the housing market and the larger economy.

It appears that people have gotten over the initial shock, adjusted their lifestyles and begun living within their means, and are now beginning to make sensible purchases again.