The Elections and Minot

            30 years ago I was part of Toastmasters a group that teaches public speaking.  Our challenge one morning was to tell a one minute story about where we were from.  One gent said “I am from Minot North Dakota – now most of you think that Minot is the end of the world.  While you can see the end of the world from Minot, Minot is not it.”  Funny

             What does that have to do with the recent election?  Many of the comments we have received indicate there are many who believe this is the end of the world.  We don’t think so. Regardless of your views, housing will continue to recover.  The Census Bureau just released a report saying that new households rose 1.15 million the last twelve months, up 500,000 from the previous annual rate for the past four years.  Unit sales and prices continue to rise on a year over year basis.

          America doesn’t rise or fall on the occupants of Washington DC; it rises and falls on the actions of millions of business owners.  With nearly 76% of the REAL Trends 500 surviving through the housing depression of 2007-2011, it goes without saying that we will survive whatever actions come out of the nation’s capital.

        So no it is not the end of the world.  I don’t think we can even see it from here.

  (from Steve Murray at RealTrends)