Gary's Blog

Thursday, October 15, 2009

Dow Tops 10,000!

Mauians should be happy to hear that Americans are feeling wealthier again, and have positive expectations for the future of our economy. The last time the Dow Jones Industrial Average saw 10,000 was on its way down in October of 2008. The index is up 53% since early March.

What a great time to buy Maui real estate! Negotiable, some desperate sellers, at a time when the rest of the country believes we are at the bottom. Buy low, sell high, right?

And interest rates literally below 5%!

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