Posted by Jonathan Kostyra on Tuesday, August 26th, 2008 at 8:05pm.
Good National News: Well things are definitely looking brighter in the national news with last months home sales up, taming inflation (or at least the dollar is rising against a bread basket of foreign currencies), and then of course there are the lower fuel costs. Additionally news is out today that Freddie and Fannie have enough capital to pull through to the end of the year. Finally Jim Cramer, a guru invester/analyst that I follow, thinks the housing market will bottom by third quarter 2009, in line with Alan Greenspans forecast.
Good local news: Here in Greenville the remnants of tropical storm Faye are bringing much needed rain to our area. In addition home prices are up 3% over last year's prices. This is amazing considering the national situation.
Unfortunately bad news sells and we are getting allot of it lately from the media. Let's choose to stay positive and focus on the things we can be thankful for in life.