News
Nearing the Light at the End of the Tunnel?
Today’s statement by the Federal Reserve that “economic activity is leveling out” may be their most bullish assessment of the economy in more than a year, and suggests that a recovery may have started.
CNN Money calls the statement “the most explicit declaration yet that the recession that started in December 2007 has come to an end.”
In other recent housing market news, CEO of one of the nation’s leading public homebuilders told CNBC that the bottom of the luxury market hit two to three months ago, incentives are disappearing and prices have been increasing over the past several weeks.
We at Peachtree Residential are still offering some incredible incentives including our recently announced promotion of HALF OFF on up to $50,000 in options on presales, but this will not last long. Don’t miss out!
Read the full CNN Money article here: