Ventura County Real Estate Recovery and Car Sales
Can Increased Car Sales be the Harbinger of Real Estate Recovery in Ventura County?
Low rates and consumer confidence have combined to new car sales that
exceeded last years total by 16%. Used car sales went up 8% from last
David Greiner, president of Greiner Buick-GMC in Victorville said of car
sales, "We are the first item purchased when the recovery starts,"
Greiner said. "You may repair it when things are getting worse. When the
economy starts to recover, you start to make long-term investments."
Factory production of motor vehicles and parts jumped 5.2 percent during July, helped by automakers replacing inventories depleted because of the March 11 earthquake in Japan, according to the Associated Press.
Well, if it is true as David Greiner says and the auto sales are the first item purchased when the recovery starts, then I say it has started here and now! WooHoo!!
Sandy Acevedo ~Your Neighbor in Real Estate ~ Whether it is to buy or sell property
in Riverside or San Bernadino County, I can help!~
If you are interested in learning more about Inland Empire Real Estate, please contact me. I am ready to assist you!
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Sandy Acevedo Cell: (951) 290-8588 BRE #01178979
RE/MAX Masters Realty
14760 Pipeline Av., Chino Hills, Ca 91709