by Judy Merrill

Created on: December 19, 2007

It would depend upon what you consider to be a 'rebound'. The market is riding a high of 2006 and has yet to actually fall to its lowest ebb, before coming to a balance. At the best of times, the real estate market is volatile.

For economic growth and balance it needs to settle in the middle range - not so high the consumer is confused and not so low it creates a panic. Putting this in the hands of those most concerned, the brokers, will keep the balance. They need to have the sale for today, tomorrow, and ongoing.

To find this balance in the next year, and to not try to artificially inflate it, would aid the market in balance. Real Estate workers have this responsibility in their own hands.

If the real estate community as a whole can see this economic sense, the 'rebound' will be sufficient to make a living, without gouging. If the real estate community does its usually graft and greed, without any recourse to the whole real estate community, it could be another route of the market prices.

2008 will see some new starts - with help to make them economically viable, there will be a lot available for everyone. Profit is not a dirty world, but greed does not get anything benecial for anyone.

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